Knowledge management and innovation strategy in the Asia Pacific: Toward an institution-based view

The emergence of knowledge-intensive society has changed the nature of business competition. Knowledge management becomes an important managerial task and formulating a sound innovation strategy is an integral part of strategic management. Adopting an institution-based view, this article argues that...

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Bibliographic Details
Published in:	Asia Pacific journal of management 2008-09, Vol.25 (3), p.361-374
Main Authors:	Lu, Yuan, Tsang, Eric W. K., Peng, Mike W.
Format:	Article
Language:	eng
Subjects:	Business and Management Communication channels Editorial Explicit knowledge Innovation Innovations Institution-based view Inventory control Knowledge management Legitimacy Management R&D Research & development Society Strategic management Studies Tacit knowledge Technological change
Online Access:	Get full text
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Summary:	The emergence of knowledge-intensive society has changed the nature of business competition. Knowledge management becomes an important managerial task and formulating a sound innovation strategy is an integral part of strategic management. Adopting an institution-based view, this article argues that the institutional environment in the Asia Pacific region plays a multi-faceted role behind firms’ knowledge management and innovation strategy. Specifically, institutions impose rules for legitimacy, serve as a source of knowledge, and allocate incentives and resources for innovation. We believe that future research drawing on the institution-based view has significant potential to advance our understanding of knowledge management and innovation strategy in Asia Pacific firms.
ISSN:	0217-4561 1572-9958