The Importance of Knowledge Creation and Knowledge Sharing

The Importance of Knowledge Creation and Knowledge Sharing

DOI: 10.4018/978-1-5225-3725-0.ch003
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Abstract

This chapter explains the overview of knowledge creation; the applications of knowledge creation; the overview of knowledge sharing; knowledge sharing and social media; and the advanced issues of knowledge sharing. Knowledge creation and knowledge sharing are the essential components of knowledge management (KM) for achieving sustainable competitive advantage. With the support of advanced technologies, knowledge creation and knowledge sharing can be productively utilized in various organizations. When knowledge is created and shared, executives and management must distribute that knowledge to their employees toward organizational success in a timely and effective manner. To gain the effective organizational learning, creating and sharing knowledge should be added in the organizational policy, and should be executed through workplace communication among organizational employees.
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Background

Knowledge is created in social interactions among individuals and between individuals and their organizations so it is a dynamic human process (Somoza, Prado, & Rivera, 2011), and is considered ecological and organic in a way that it is flexible enough to rapidly affect many shifts in the business environment (Hori & Ohashi, 2007). The increased reliance on KM systems has made certain theorists to suggest that this will enable the development of knowledge creation, thus leading up to more effective knowledge creation by the easy codification and sharing of knowledge (Värlander, 2010).

Key Terms in this Chapter

Technology: The advanced tool and system that can make users feel comfortable.

Social media: The online communication tool that allows individuals to share and distribute information among users.

Knowledge Sharing Behavior: The action that individuals aim to share their knowledge.

Knowledge Creation: The generation of new information through proactive interactions among organizational employees.

Knowledge Management: The sophisticated method that can enhance the creation and sharing of knowledge.

Knowledge Sharing: The procedure through which explicit or tacit knowledge can be shared among organizational employees.

Innovation: The establishment of new matters and processes.

Knowledge: The information that can be gained through study and learning.

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