TY - JOUR
T1 - Knowledge management challenges in new business development
T2 - Case study observations
AU - Berends, Hans
AU - Vanhaverbeke, Wim
AU - Kirschbaum, Robert
PY - 2007/12
Y1 - 2007/12
N2 - This paper's focus is on the knowledge management challenges that come along with technology-based new business development (NBD). NBD thrives upon the exploration of knowledge, under radical uncertainty. Furthermore, existing knowledge may both enable and constrain the radical innovation process. These characteristics make the dominant approach of knowledge management - focusing on codifying, collecting and distributing knowledge - unsuited for NBD. We suggest that knowledge management can enhance NBD by focusing on experimenting, monitoring and integrating knowledge. This is illustrated by case study observations of radical innovation processes.
AB - This paper's focus is on the knowledge management challenges that come along with technology-based new business development (NBD). NBD thrives upon the exploration of knowledge, under radical uncertainty. Furthermore, existing knowledge may both enable and constrain the radical innovation process. These characteristics make the dominant approach of knowledge management - focusing on codifying, collecting and distributing knowledge - unsuited for NBD. We suggest that knowledge management can enhance NBD by focusing on experimenting, monitoring and integrating knowledge. This is illustrated by case study observations of radical innovation processes.
KW - Corporate venturing
KW - Knowledge management
KW - Radical innovation
UR - http://www.scopus.com/inward/record.url?scp=36248953875&partnerID=8YFLogxK
U2 - 10.1016/j.jengtecman.2007.09.006
DO - 10.1016/j.jengtecman.2007.09.006
M3 - Article
AN - SCOPUS:36248953875
SN - 0923-4748
VL - 24
SP - 314
EP - 328
JO - Journal of Engineering and Technology Management
JF - Journal of Engineering and Technology Management
IS - 4
ER -