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

Knowledge Acquisition, Knowledge Application, and Innovation Towards the Ability to Adapt to Change

Knowledge Acquisition, Knowledge Application, and Innovation Towards the Ability to Adapt to Change
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Author(s): Lejla Turulja (University of Sarajevo, Bosnia and Herzegovina)and Nijaz Bajgorić (University of Sarajevo, Bosnia and Herzegovina)
Copyright: 2020
Pages: 18
Source title: Disruptive Technology: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-9273-0.ch050

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Abstract

The objective of article is to provide important empirical evidence to support the role of individual knowledge management processes and separate innovation types within firms. Specifically, knowledge acquisition and knowledge application are analyzed and empirically tested in relation to product and process innovation as well as business performance. The results support the direct impact of product and process innovation on business performance. In addition, the results show the indirect effect of knowledge acquisition and knowledge application on firm business performance through product and process innovation. Although KM represents a complex concept of knowledge management in a firm and can contain more processes, this article confirms that KM processes individually contribute to the innovation and indirectly on business performance. Besides, it confirms mediating effect of innovation between both knowledge acquisition and knowledge application and organizational business performance. In addition, most of the similar studies have been focused on the developed Western countries.

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