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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Knowledge Management and Innovation

Knowledge Management and Innovation
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Author(s): Lorna Uden (Staffordshire University, UK)and Marja Naaranoja (Vaasa University of Applied Sciences, Finland)
Copyright: 2011
Pages: 19
Source title: Innovative Knowledge Management: Concepts for Organizational Creativity and Collaborative Design
Source Author(s)/Editor(s): Alan Eardley (Staffordshire University, UK)and Lorna Uden (Staffordshire University, UK)
DOI: 10.4018/978-1-60566-701-0.ch019

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Abstract

In today’s society, innovation and knowledge management are no longer luxury items. Instead, they are necessities and a means of economic development and competitiveness. Knowledge and innovation are inseparable. Knowledge management competencies and capacities are essential to any organisation that aspires to be innovative. Innovation and knowledge management are closely related. This paper discusses the importance of knowledge management in innovation for organisations. It describes how innovations can be achieved through the role of knowledge management using a case study involving the renovation and building of a school project in Finland. The case study shows how knowledge creation and sharing were used to help innovation using vision building.

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