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Construction of Knowledge Creation: A Conceptual Framework

Author

Listed:
  • Khalid Abdul Wahid

    (Kasetsart University, Thailand)

  • Haruthai Numprasertchai

    (Kasetsart University, Thailand)

  • Yuraporn Sudharatna

    (Kasetsart University, Thailand)

Abstract

In knowledge-based economy, continuous innovation is the key to sustainable competitive advantage. Innovation can strengthen the sustainable growth and productivity of a country and increase national productivity as well in the global market through creation of new ideas and opportunities. Innovation is extremely dependent on the availability of knowledge, therefore the complexity created by the explosion of richness and reach of knowledge has to be identified and managed to ensure successful knowledge creation. The purpose of this paper is to construct a knowledge creation framework. A further study will be undertaken using this constructed framework for collecting and analysing data. The framework shows that knowledge creation is influenced by organizational knowledge and market knowledge. Organizational knowledge always becomes obsolete and it should be updated by market knowledge and new created knowledge via technological advancement in order to maintain its up-to-date information.

Suggested Citation

  • Khalid Abdul Wahid & Haruthai Numprasertchai & Yuraporn Sudharatna, 2013. "Construction of Knowledge Creation: A Conceptual Framework," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.
    • Handle: RePEc:tkp:tiim13:s6_269-283
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    References listed on IDEAS

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