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Managing knowledge and intellectual capital for improved organizational innovations in the construction industry: an examination of critical success factors

Managing knowledge and intellectual capital for improved organizational innovations in the... Innovation is viewed as a major source of competitive advantage and is perceived to be a pre‐requisite for organizational success and survival. The ability to innovate depends largely on the way in which an organisation uses and exploits the resources available to it. The paper explores the importance of knowledge management (KM) and intellectual capital (IC) in organisations. It also considers the critical factors that lead to successful innovations and the role of KM and IC in this regard. The paper argues that effective management of knowledge assets involves a holistic approach to a host of factors. It is also suggested that there are a host of factors that combine in different ways to produce successful organizational innovations. It recommends that more is needed on the education and training of construction personnel and that these education and training programmes should reflect the nature of innovation and KM dimensions as very complex social processes. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Engineering, Construction and Architectural Management Emerald Publishing

Managing knowledge and intellectual capital for improved organizational innovations in the construction industry: an examination of critical success factors

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Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0969-9988
DOI
10.1108/09699980410558494
Publisher site
See Article on Publisher Site

Abstract

Innovation is viewed as a major source of competitive advantage and is perceived to be a pre‐requisite for organizational success and survival. The ability to innovate depends largely on the way in which an organisation uses and exploits the resources available to it. The paper explores the importance of knowledge management (KM) and intellectual capital (IC) in organisations. It also considers the critical factors that lead to successful innovations and the role of KM and IC in this regard. The paper argues that effective management of knowledge assets involves a holistic approach to a host of factors. It is also suggested that there are a host of factors that combine in different ways to produce successful organizational innovations. It recommends that more is needed on the education and training of construction personnel and that these education and training programmes should reflect the nature of innovation and KM dimensions as very complex social processes.

Journal

Engineering, Construction and Architectural Management – Emerald Publishing

Published: Oct 1, 2004

Keywords: Critical success factors; Innovation; Intellectual capital; Knowledge management; Construction industry

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