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Maximising the impact of knowledge for innovation in gaining competitive advantage

Train, A and Egbu, CO 2006, Maximising the impact of knowledge for innovation in gaining competitive advantage , in: Construction and Building Research Conference (COBRA) 2006, 7th - 8th September 2006, The Bartlett School, University College London, London, UK,.

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    Abstract

    Due to the global nature of today’s trading environment, it is vital that firms work to develop dynamic capabilities enabling them to stay ahead of competitors. Innovation is widely accepted as being a source of sustainable competitive advantage. However, many organisational approaches to innovation are haphazard at best. Tacit knowledge, that which resides in human beings and is embedded in organisational routines, has also been identified as a source of advantage. The implicit nature of such knowledge often makes it difficult to harness and exploit for organisational benefits. Evidence would suggest that there is a symbiotic relationship between knowledge management and the capacity of the organisation to innovate. The paper aims to explore the relationship between the two in more depth to facilitate the use of knowledge and innovation as a means of gaining and sustaining competitive advantage. Keywords: competitive advantage, innovation, knowledge management, tacit knowledge.

    Item Type: Conference or Workshop Item (Paper)
    Themes: Subjects / Themes > T Technology > TH Building construction
    Built and Human Environment
    Schools: Colleges and Schools > College of Science & Technology > School of the Built Environment
    Colleges and Schools > College of Science & Technology > School of the Built Environment > Management in Construction Research Centre (MIC)
    Publisher: RICS
    Refereed: Yes
    Depositing User: IN Mohd Zin
    Date Deposited: 08 Feb 2010 14:46
    Last Modified: 20 Aug 2013 17:03
    URI: http://usir.salford.ac.uk/id/eprint/2951

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