A Framework of Knowledge Innovation Based on Technology Road-mapping
Zhi Wei Cai
Abstract
Zhi Wei Cai
Abstract
Knowledge innovation is the key to obtain and keep the sustaining competitive advantage for any organization. Knowledge innovation under the open innovation environment is investigated. A Preliminary framework of knowledge innovation is proposed basing on technology road-mapping, comprised of five layers: innovation strategy and types, innovation projects and actions, knowledge of innovation, knowledge creation, and knowledge assets. The contents of each layer are illustrated, the relationship among them is analyzed, and the process of this framework is investigated. Based on this framework, the knowledge assets of organization could be well managed and utilized appropriately. This proposed framework can assist an organization in selecting appropriate strategy, guide the knowledge innovation activities and allocate knowledge assets accordingly, and lead the organization to obtain sustaining competitive advantage and profit.
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Knowledge innovation is the key to obtain and keep the sustaining competitive advantage for any organization. Knowledge innovation under the open innovation environment is investigated. A Preliminary framework of knowledge innovation is proposed basing on technology road-mapping, comprised of five layers: innovation strategy and types, innovation projects and actions, knowledge of innovation, knowledge creation, and knowledge assets. The contents of each layer are illustrated, the relationship among them is analyzed, and the process of this framework is investigated. Based on this framework, the knowledge assets of organization could be well managed and utilized appropriately. This proposed framework can assist an organization in selecting appropriate strategy, guide the knowledge innovation activities and allocate knowledge assets accordingly, and lead the organization to obtain sustaining competitive advantage and profit.
Key concepts: Knowledge management, Competitive advantage, Key (lock), Business, Process (computing), Knowledge value chain, Innovation management, Profit (economics)