Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25652 
Year of Publication: 
2007
Series/Report no.: 
Jena Economic Research Papers No. 2007,080
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
The aim of this paper is to investigate the role of Knowledge Management (KM) for the innovation success of firms. It is assumed that the functional chains of KM lead directly and indirectly to more innovative success via enhancing the recombination of internal and external knowledge assets. To analyse the embedding of KM in a firm’s internal system of innovation we establish a structural equation model. We capture KM as latent concept and trace different functional chains by which KM impacts. Using data on KM and innovation success of 351 German firms of the manufacturing sector and knowledge-intensive services located in Thuringia and Hesse, our findings confirm the (dynamic) capability function of KM, which leads via improving exploitation of internal and external innovation assets to more innovation success.
Subjects: 
Knowledge management
innovation
absorptive capacity
resource-based view
structural equation modelling
JEL: 
O32
D21
C3
Document Type: 
Working Paper

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