Knowledge Management in the Learning Economy

Authors

  • R. Ramaabaanu Muthayammal College of Arts and Science
  • S. Rajakumari uthayammal College of Arts and Science
  • S. Bagyalakshmi Muthayammal College of Arts and Science

Keywords:

Knowledge management, learning economy, interactive learning, organisational change

Abstract

The purpose of this paper is to show why the establishment of ‘learning organisations’ must be a central element of knowledge management - especially in firms operating on markets where product innovation is an important parameter of competition. The argument straddles and combines insights related to management and organisation theory with an evolutionary economic analysis of the relationship between innovation, learning and knowledge. The wide use of information extends the potential for codifying knowledge but at the same time it makes tacit knowledge scarcer and it contributes to the formation of ‘a learning economy’. The argument is supported by an empirical analysis of survey data from Denmark showing that firms that introduce several organisational practices, assumed to characterise the learning organisation, are more innovative than the average firm.

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Author Biographies

R. Ramaabaanu, Muthayammal College of Arts and Science

Associate Professor,Department of Commerce, Muthayammal College of Arts and Science,Rasipuram. 

S. Rajakumari, uthayammal College of Arts and Science

Research Scholars Department of Commerce Muthayammal College of
Arts and Science, Rasipuram. 

S. Bagyalakshmi, Muthayammal College of Arts and Science

Research Scholars Department of Commerce,Muthayammal College of
Arts and Science, Rasipuram. 

References

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Management of Innovation, London, Tavistock. Christensen, J. L. and Lundvall, B.-Å. (eds.) (2004), Product Innovation, Interactive Learning and Economic Performance, Amsterdam, Elsevier.

David, P. and D. Foray (1995), 'Accessing and expanding the science and technology knowledge-base', STI-review, no 16, Paris, OECD.

Drucker, P. (1993), The Post-Capitalist Society, Butter Worth Heinemann, Oxford.

Edquist, C. Ed., (1997). Systems of Innovation: Technologies, Institutions and Organizations, London, Pinter Publisher.

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Published

2015-06-30

How to Cite

Ramaabaanu, R., Rajakumari, S., & Bagyalakshmi, S. (2015). Knowledge Management in the Learning Economy. International Journal For Research In Business, Management And Accounting, 1(2), 24–43. Retrieved from https://ijrbma.com/index.php/bma/article/view/491

Issue

Vol. 1 No. 2 (2015): International Journal For Research In Business, Management And Accounting |ISSN: 2455-6114

Section

Articles

License

Copyright (c) 2016 gnpublication@

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