Knowledge Flows Through Unbounded Innovation

Knowledge Flows Through Unbounded Innovation

DOI: 10.4018/978-1-6684-4431-3.ch003
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Abstract

Beyond the boundaries of the organizations, they act fearlessly to adopt open innovation tactics and models in order to gain access to the necessary resources. In open innovation, “open” refers the sharing of organizational tacit knowledge. Knowledge management is essential in organizations because it promotes the development of a successful organizational business model and makes a difference in completing various organizational tasks and forms that may lead to the discovery of new knowledge. This journey starts from the flow of information and takes organizations toward innovation that has no boundaries. For this reason, the research question involves the kind of relationship that exists between knowledge flow and open innovation. This chapter aims to illustrate the importance of knowledge flow through unbounded innovation, particularly the correspondence between aspects of knowledge management and open innovation.
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Using Digital Disruption To Gain A Competitive Advantage

Industry 4.0. and the digital transformation bring about radical changes in all sectors. These radical changes are predicted to continue radical or gradual realization for organizations. Particularly, the digital disruption, which has become the keyword of many studies, appears in every realm in business life. For example, organizations that adopt value-oriented strategies aim to think and act data-oriented, by evaluating technology as a tool rather than a goal in digital transformations. Or, the building the right strategy for the digitalization process might be the disputable for the organization. Because any organization’s goals are survival first, followed by competitive advantage. Therefore, it is considered that innovation based on knowledge and environmental, social, and economic criteria enables the creation of a sustainable foundation for organizational competitiveness. Competitiveness emerges as a result of limited resources, as does the search for new strategies for organizational sustainability (Lopes et al.,2016) Being agile, establishing trust-based sustainable relationships, and moving forward knowing that employees are also a part of the transformation provide a significant competitive advantage at this point. Learning organizations are explained as the beginning of organizational transformation in the real sense by understanding the relationship between organizational transformation and business models, starting with digital transformation.

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