Tacit Knowledge and Innovation


The use of internal tacit knowledge is significant and relevant in the innovation production process.


It revealed that tacit knowledge is more prominent and significant than explicit knowledge in the manufacturing.


Many types of definition exist for innovation in scientific literature. Two major competing approaches can be highlighted in the management domain: technological push innovation (linear model of innovation) and the alternative demand-pull innovation approach, that refers to innovation stimulated by market demand rather than by scientific discoveries.

Innovation is to be a major contributor to productivity growth explored by comparing manufacturing and service firms in knowledge-intensive industries. A positive relationship found between R&D, innovation and productivity for both knowledge intensive manufacturing firms and business service firms. Moreover, knowledge capital is found to be a significant factor contributing to performance heterogeneity among firms. Furthermore, knowledge capital rises with innovation input, the firm’s internal knowledge for innovation, and cooperation on innovation with knowledge partners.


The tacit knowledge (specific knowledge of the enterprise) is more essential and more significant than explicit knowledge in the firms with respect to their in-house innovation production. Researcher found following positive relationship:

  • A firm’s own exclusive knowledge and own idea development efforts have positive effect on innovation performance of firms.

  • The knowledge sharing between the firms and their suppliers or buyers enhances innovation development (demand pull innovation)

The disciplinary knowledge does not play a significant role in innovation. On the other hand, the current and newly generated tacit knowledge is very important. The own innovation performance is derived from present knowledge. This knowledge of firm is coming mainly from their supply chain networks, under-lining the importance of reciprocity and absorptive capacity. Firms must understand the factors behind innovation knowledge induced by demand pull innovation.



Presented By:

Azhar Qadri

Operational Intelligence, Smart Manufacturing and Supply Chain Optimization Expert


MBA, BE, PE, CSSC, CPIA, CSCP CDDP, CSCM, CSCA

Trainer and Consultant - SMEDA

Executive Member - SCAP


Discover how the CSSC Certification Program is Transforming the Careers of Supply Chain Professionals, and assisting organizations transform their supply chains into value chains.


Take advantage of this opportunity to put your company out front, and not only have a well-qualified workforce, but also a workforce that will enjoy their work as they will not only know what they are doing, but perhaps more importantly why they are doing it.

CSSC, Certified Stores & Stock Controller and CPIA, Certified Production and Inventory Analyst


Connecting Minds & Inspire Learning

Take advantage of the FREE Resources available at BicaraSupplyChain. Due to Coronavirus Covid19 and highly stressful conditions we can keep sharing knowledge and advice to solve problems is the most crucial for the future of charities.


Be better prepared for when the world returns to "normal". LEARN from SupplyChain Experts to pick up the pieces after the dust has settled. We broadcast every week and all year around the most up-to-date series of podcasts.

BicaraSupplyChain

WORLD HEADQUARTERS

VCARE Academy Inc.

154 Bestview Drive Toronto,

M2M2Y3, Ontario, Canada

OUR ASSOCIATIONS 

OCC-Logo-color.png

Supply Chain Podcast Platform

Bicarasupplychain.com

Listen Bicara Supply Chain Podcasts on your favorite Platform >

Bicara Podcast_2. Spotify .jpg
Bicara Podcast_5. Apple Podcasts
Bicara Podcast_7. Castbox.jpg
Bicara Podcast_1. Anchor.jpg
Bicara Podcast_3. Stitcher.jpg
Bicara Podcast_8. Overcast.jpg
Bicara Podcast_4. Google Podcasts.jpg
Bicara Podcast_6. Breaker.jpg
Bicara Podcast_10. RadioPublic .jpg

FOLLOW US ON SOCIAL MEDIA

  • LinkedIn
  • Facebook
  • Twitter
  • YouTube

Copyrights © 2020 VCARE Academy Inc. - All Rights Reserved | Developed by Artxel Technologies