IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v11y2019i2p359-d197049.html
   My bibliography  Save this article

Sustainable Knowledge Management and Its Impact on the Performances of Biotechnology Organizations

Author

Listed:
  • Alexandra Zbuchea

    (National University of Political Studies and Public Administration, Bucharest, 012104, Romania)

  • Florina Pînzaru

    (National University of Political Studies and Public Administration, Bucharest, 012104, Romania)

  • Mihail Busu

    (Bucharest University of Economic Studies, Bucharest, 010374, Romania)

  • Sergiu-Octavian Stan

    (National University of Political Studies and Public Administration, Bucharest, 012104, Romania)

  • Alina Bârgăoanu

    (National University of Political Studies and Public Administration, Bucharest, 012104, Romania)

Abstract

Starting from the findings of specialized studies on knowledge management in the field of biotechnology, this paper aims to present the factors that underline sustainable performances of Romanian biotechnology organizations. Particularly, descriptive analysis of these factors has outlined a picture of the current situation of biotechnology in Romania. The design of an exploratory knowledge management model for organizations in the biotechnology sector was achieved and validated through a panel data model. Starting from a model of growth based on productivity, capital inflow, and human capital, three statistical hypotheses were validated by a time series data panel regression model using EViews 9.0 software. The data were collected for the enterprises active in the field of biotechnology for a period of nine years. The paper highlights the fact that the economic performance of biotechnology organizations is determined by the flow of capital, productivity, and the workforce. Knowledge-based growth strategies are essential in the econometric model presented. Nevertheless, in terms of knowledge management strategies, the sector has not reached its maturity, and full sustainability is not a norm.

Suggested Citation

  • Alexandra Zbuchea & Florina Pînzaru & Mihail Busu & Sergiu-Octavian Stan & Alina Bârgăoanu, 2019. "Sustainable Knowledge Management and Its Impact on the Performances of Biotechnology Organizations," Sustainability, MDPI, vol. 11(2), pages 1-20, January.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:2:p:359-:d:197049
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/11/2/359/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/11/2/359/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    2. Kean Birch & Les Levidow & Theo Papaioannou, 2010. "Sustainable Capital ? The Neoliberalization of Nature and Knowledge in the European “Knowledge-based Bio-economy”," Sustainability, MDPI, vol. 2(9), pages 1-21, September.
    3. Nooteboom, B. & Vanhaverbeke, W.P.M. & Duijsters, G.M. & Gilsing, V.A. & Oord, A., 2006. "Optimal Cognitive Distance and Absorptive Capacity," Other publications TiSEM eb5155cb-c888-4301-a667-9, Tilburg University, School of Economics and Management.
    4. Gittelman, Michelle, 2006. "National institutions, public-private knowledge flows, and innovation performance: A comparative study of the biotechnology industry in the US and France," Research Policy, Elsevier, vol. 35(7), pages 1052-1068, September.
    5. Cristian Busu & Mihail Busu, 2017. "The Impact of Applying the Total Quality Management Model on the Performance of the Telecom Organizations in Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(S11), pages 1035-1035.
    6. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    7. Alexandra ZBUCHEA, 2013. "Are Customers Rewarding Responsible Businesses? An Overview of the Theory and Research in the Field of CSR," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 1(3), pages 367-385, December.
    8. José Vasconcelos & Paulo Castro Seixas & Paulo Gens Lemos & Chris Kimble, 2005. "Knowledge Management in Non-Governmental Organisations: A Partnership for the Future," Development and Comp Systems 0506002, University Library of Munich, Germany.
    9. Maria Alexandra MAASSEN, 2018. "Sustainable Business Models: An Imperative in the Strategic Management of Companies and Organizations," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 6(2), pages 323-335, June.
    10. Daniela M. Salvioni & Francesca Gennari & Luisa Bosetti, 2016. "Sustainability and Convergence: The Future of Corporate Governance Systems?," Sustainability, MDPI, vol. 8(11), pages 1-25, November.
    11. Nooteboom, Bart & Van Haverbeke, Wim & Duysters, Geert & Gilsing, Victor & van den Oord, Ad, 2007. "Optimal cognitive distance and absorptive capacity," Research Policy, Elsevier, vol. 36(7), pages 1016-1034, September.
    12. Grażyna ŚMIGIELSKA, 2018. "A business case for sustainable development," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 10(1), pages 49-66, April.
    13. Zúniga-González, Carlos Alberto, 2012. "Total Factor Productivity And The Bio Economy Effects," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 122939, International Association of Agricultural Economists.
    14. Daniel Palacios & Ignacio Gil & Fernando Garrigos, 2009. "The impact of knowledge management on innovation and entrepreneurship in the biotechnology and telecommunications industries," Small Business Economics, Springer, vol. 32(3), pages 291-301, March.
    15. Chu Keong Lee & Suliman Al-Hawamdeh, 2002. "Factors Impacting Knowledge Sharing," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 49-56.
    16. Bohl, Martin T. & Kaufmann, Philipp & Stephan, Patrick M., 2013. "From hero to zero: Evidence of performance reversal and speculative bubbles in German renewable energy stocks," Energy Economics, Elsevier, vol. 37(C), pages 40-51.
    17. Andrew C. Inkpen & Adva Dinur, 1998. "Knowledge Management Processes and International Joint Ventures," Organization Science, INFORMS, vol. 9(4), pages 454-468, August.
    18. Mats Alvesson & Dan Kärreman, 2001. "Odd Couple: Making Sense of the Curious Concept of Knowledge Management," Journal of Management Studies, Wiley Blackwell, vol. 38(7), pages 995-1018, November.
    19. Piera Centobelli & Roberto Cerchione & Emilio Esposito, 2017. "Knowledge Management in Startups: Systematic Literature Review and Future Research Agenda," Sustainability, MDPI, vol. 9(3), pages 1-19, March.
    20. Chong Ju Choi & Carla C. J. M. Millar & Caroline Y. L. Wong, 2005. "Knowledge and Measurement," Palgrave Macmillan Books, in: Knowledge Entanglements, chapter 0, pages 77-96, Palgrave Macmillan.
    21. Lisa Biber-Freudenberger & Amit Kumar Basukala & Martin Bruckner & Jan Börner, 2018. "Sustainability Performance of National Bio-Economies," Sustainability, MDPI, vol. 10(8), pages 1-20, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nagwa Babiker Abdalla YOUSIF & Katarzyna GRONDYS & Salah GAD & Walaa ELSAYED, 2020. "Knowledge Management In Non-Governmental Organizations (Ngos)," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2020(35), pages 90-108, December.
    2. Munshi Muhammad Abdul Kader Jilani & Luo Fan & Mohammad Tazul Islam & Md. Aftab Uddin, 2020. "The Influence of Knowledge Sharing on Sustainable Performance: A Moderated Mediation Study," Sustainability, MDPI, vol. 12(3), pages 1-18, January.
    3. Ximing Yin & Ben-lu Hai & Jin Chen, 2019. "Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics," Sustainability, MDPI, vol. 11(15), pages 1-18, August.
    4. Camelia Oprean-Stan & Sebastian Stan & Vasile Brătian, 2020. "Corporate Sustainability and Intangible Resources Binomial: New Proposal on Intangible Resources Recognition and Evaluation," Sustainability, MDPI, vol. 12(10), pages 1-23, May.
    5. Yongfu Li & Yu Song & Jinxin Wang & Chengwei Li, 2019. "Intellectual Capital, Knowledge Sharing, and Innovation Performance: Evidence from the Chinese Construction Industry," Sustainability, MDPI, vol. 11(9), pages 1-20, May.
    6. Julio C. Acosta-Prado & Oscar H. López-Montoya & Carlos Sanchís-Pedregosa & Ulpiano J. Vázquez-Martínez, 2020. "Sustainable Orientation of Management Capability and Innovative Performance: The Mediating Effect of Knowledge Management," Sustainability, MDPI, vol. 12(4), pages 1-17, February.
    7. Pelau Corina & Barbul Maria, 2021. "Consumers’ perception on the use of cognitive computing," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 639-649, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Munshi Muhammad Abdul Kader Jilani & Luo Fan & Mohammad Tazul Islam & Md. Aftab Uddin, 2020. "The Influence of Knowledge Sharing on Sustainable Performance: A Moderated Mediation Study," Sustainability, MDPI, vol. 12(3), pages 1-18, January.
    2. Joern H. Block & Christian O. Fisch & Mirjam van Praag, 2017. "The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship," Industry and Innovation, Taylor & Francis Journals, vol. 24(1), pages 61-95, January.
    3. Sophie Urmetzer & Michael P. Schlaile & Kristina B. Bogner & Matthias Mueller & Andreas Pyka, 2018. "Exploring the Dedicated Knowledge Base of a Transformation towards a Sustainable Bioeconomy," Sustainability, MDPI, vol. 10(6), pages 1-22, May.
    4. Ana Fernández & Esther Ferrándiz & M. Dolores León, 2021. "Are organizational and economic proximity driving factors of scientific collaboration? Evidence from Spanish universities, 2001–2010," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(1), pages 579-602, January.
    5. Yun, JinHyo Joseph & Ahn, Heung Ju & Lee, Doo Seok & Park, Kyung Bae & Zhao, Xiaofei, 2022. "Inter-rationality; Modeling of bounded rationality in open innovation dynamics," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    6. Camelia Oprean-Stan & Sebastian Stan & Vasile Brătian, 2020. "Corporate Sustainability and Intangible Resources Binomial: New Proposal on Intangible Resources Recognition and Evaluation," Sustainability, MDPI, vol. 12(10), pages 1-23, May.
    7. Subramanian, Annapoornima M. & Bo, Wang & Kah-Hin, Chai, 2018. "The role of knowledge base homogeneity in learning from strategic alliances," Research Policy, Elsevier, vol. 47(1), pages 158-168.
    8. Pier-Paolo Saviotti & Andreas Pyka¤ & Bogang Jun, 2020. "Diversification, structural change, and economic development," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1301-1335, November.
    9. Kavusan, Korcan & Noorderhaven, Niels G. & Duysters, Geert M., 2016. "Knowledge acquisition and complementary specialization in alliances: The impact of technological overlap and alliance experience," Research Policy, Elsevier, vol. 45(10), pages 2153-2165.
    10. Lascaux, Alexander, 2019. "Absorptive Capacity, Research Output Sharing, and Research Output Capture in University-Industry Partnerships," Scandinavian Journal of Management, Elsevier, vol. 35(3).
    11. Gianluca Murgia, 2021. "The impact of collaboration diversity and joint experience on the reiteration of university co-patents," The Journal of Technology Transfer, Springer, vol. 46(4), pages 1108-1143, August.
    12. Kar, Sabyasachi & Pritchett, Lant & Raihan, Selim & Sen, Kunal, 2013. "Looking for a break: Identifying transitions in growth regimes," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 151-166.
    13. van de Klundert, T.C.M.J. & Smulders, J.A., 1993. "Reconstructing growth theory : A survey," Other publications TiSEM ed4275fb-b14f-4175-a63f-6, Tilburg University, School of Economics and Management.
    14. Tung Liu & Kui-Wai Li, 2008. "Revisiting Solow’s Decomposition of Economic and Productivity Growth," Working Papers 200805, Ball State University, Department of Economics, revised Dec 2008.
    15. Erica Perego & Lionel Fontagné & Gianluca Santoni, 2022. "MaGE 3.1: Long-term macroeconomic projections of the World economy," International Economics, CEPII research center, issue 172, pages 168-189.
    16. Avimanyu Datta, 2016. "Antecedents To Radical Innovations: A Longitudinal Look At Firms In The Information Technology Industry By Aggregation Of Patents," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(07), pages 1-31, October.
    17. Bakker, Bas & Ghazanchyan, Manuk & Ho, Alex & Nanda, Vibha, 2020. "The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame?," MPRA Paper 101287, University Library of Munich, Germany.
    18. Matthias Firgo & Peter Mayerhofer, 2015. "Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    19. Fang Li & Sheng Zhang & Yuhuan Jin, 2018. "Sustainability of University Technology Transfer: Mediating Effect of Inventor’s Technology Service," Sustainability, MDPI, vol. 10(6), pages 1-17, June.
    20. V. Vandenberghe, 2018. "The Contribution of Educated Workers to Firms’ Efficiency Gains: The Key Role of Proximity to the ‘Local’ Frontier," De Economist, Springer, vol. 166(3), pages 259-283, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:11:y:2019:i:2:p:359-:d:197049. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.