Innovation does not occur on its own accord, rather, it must be triggered by varying factors. There is the need for the company or business entity to find, as well as foster talent. Additionally, non-technical innovation may be driven by managers, who mainly take the role of mentorship in the organization. This creates a relationship that acts as a driver to innovation in both the long-term and short-term. Talented managers have proper comprehension of the importance of relationships, wherein an emotional commitment of an individual to another has the capacity to make a difference.
The quality of relationship between managers and employees would have a bearing on the capacity to leverage the relationship. Employees or knowledge workers are the major sources of knowledge and are crucial to the creation, capture, as well as sharing of knowledge in business entities.
There are two types of knowledge, tacit and explicit. Explicit knowledge is expressed in numbers and words and can be easily shared and communicated in form of scientific formulae, hard data, universal principles and codified procedures. Tacit knowledge, on the other hand, revolves around personal and hard to formalize knowledge, which makes it extremely difficult to share or communicate with other people.
It is also to be recognized that knowledge sharing is very crucial for knowledge management systems. It can be achieved through contributions, interactions, informal techniques and communal approach.
There are questions about the elements that determine the absorptive capacity of a business entity. There are three groups of factors that are assumed to determine or have a bearing on the absorptive capacity. The first group, there are the research and development activities, second category are the prior related knowledge and the individual skills, and the third are the human resource management practices and the organizational structures.
A business entity’s knowledge base also comes as a basis for the performance of the company. This means that there exists a strong relationship between the skills associated with knowledge and the performance of the corporate entity.
There is a relationship between absorptive capacity and knowledge sharing. Knowledge sharing in business entities is a critical process that requires to be attained and developed at all times so as to attain sustainable advantage.
Inhaltsverzeichnis (Table of Contents)
- Effects of Knowledge sharing & Absorptive Capacity on the organizational performance
- Introduction
- Knowledge Sharing
- Types of Knowledge
- Knowledge Management Systems
- Absorptive Capacity
- Potential Absorptive Capacity
- Realized Absorptive Capacity
- Relationship between Absorptive Capacity and Knowledge Sharing
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to explore the relationship between knowledge sharing and absorptive capacity and their impact on organizational performance. The study delves into the role of knowledge management systems, different types of knowledge, and the significance of fostering talent and relationships in achieving organizational success.
- Knowledge Sharing as a Cornerstone of Organizational Success
- The Importance of Absorptive Capacity in Knowledge Acquisition and Application
- The Relationship between Absorptive Capacity and Knowledge Sharing
- The Role of Talent Management and Relationship Building in Driving Innovation
- Knowledge-Based Perception and its Influence on Competitive Advantage
Zusammenfassung der Kapitel (Chapter Summaries)
- The paper begins by introducing the concept of innovation and the factors that contribute to its occurrence. It highlights the importance of fostering talent and building strong relationships within organizations.
- The study explores the different types of knowledge, emphasizing the distinction between explicit and tacit knowledge. It examines the role of knowledge sharing in knowledge management systems and its significance for organizational performance.
- The paper delves into the concept of absorptive capacity, outlining its potential and realized forms. It analyzes the relationship between absorptive capacity and knowledge sharing, arguing that individuals must possess a certain level of absorptive capacity to effectively share knowledge.
Schlüsselwörter (Keywords)
The primary focus of this paper is on the interplay between knowledge sharing and absorptive capacity, exploring their impact on organizational performance. Key terms include knowledge sharing, absorptive capacity, knowledge management systems, business entity's knowledge, and the role of talent management and relationship building in driving innovation.
- Quote paper
- Saeed Mousa (Author), 2016, The Effects of Knowledge Sharing and Absorptive Capacity on the Organizational Performance, Munich, GRIN Verlag, https://www.grin.com/document/337339
