INNOVATIVE MANAGEMENT MODELS, EXAMPLES OF THREE COMPANIES

The use of tacit knowledge within innovative companies: knowledge management in innovative enterprises

Purpose – The purpose of this paper is to examine the use of tacit knowledge within innovative organizations. It addresses what organizations can do to promote knowledge sharing in order to improve successful innovation. Compared to available research material on explicit knowledge, the use of tacit knowledge within companies is relatively unexplored. The use of tacit knowledge is assessed with...

Evaluating the Knowledge Assets of Innovative Companies

In the current post-industrial society, knowledge is recognised as a primary source of a company's wealth. However knowledge assets are much more difficult to identify and measure than are the physical assets with which we are much more familiar. (Boisot 1998) As a company's innovative capacity may be dependent upon its ability to take advantage of its knowledge assets, it is important to be ab...

Innovative Companies: Peculiarities of Development Cycles

This article contains analysis of the evolution of approach to interpretation of the innovation concept. Peculiarities of the cycle of financial resources circulation in the modern economy are formulated and the interpretation of such terms as invention, innovation and innovative company are given based on it. Peculiarities of companies' behavior in consumer markets of innovative sectors are co...

How Do Young Innovative Companies Innovate?

This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in embodied and disembodied components. These inputoutput relationships are tested on a sample of innovative Italian firms. A sampleselection approach is applied. Results show that in-house R&D is linked to the pro...

Managing Innovative IS Projects in Dot.com Companies