Authors:
Zenona Atkociuniene
and
Ingrida Girniene
Affiliation:
Vilnius University, Lithuania
Keyword(s):
Knowledge, Knowledge Management, Strategic Management, Innovations, Organizational Learning.
Related
Ontology
Subjects/Areas/Topics:
Artificial Intelligence
;
Knowledge Management and Information Sharing
;
Knowledge-Based Systems
;
Learning Organization & Organizational Learning
;
Symbolic Systems
Abstract:
The emphasis on knowledge and importance of knowledge has become one of the main factors distinguishing an intellectual organization of the 21st century from others: seeking to improve their operational efficiency, new millennium enterprises unceasingly learn to cherish their most important elements: information, knowledge and experience. Keen market competition just proves that material resources have long ago ceased to be a source of advantage against competitors, and competing by products, services and prices produces only a short-term effect. Having figured out the nature of a competitive advantage, organizations turned back to their most valuable assets – human resources which form the basis for the creation and development of generic and strategic competences. The competitive advantage of an organization primarily arises not from its created products or services, but from its ability to turn technological and industrial skills into competences which support organizational strat
egy and allow adapting to the changing environment as well as discovering new business opportunities. The purpose of the paper is to use the case study of Lithuanian organizations to illustrate the correlation between knowledge management, organizational learning and innovations. Research methodology: theoretical research by employing the systemic analysis, induction, deduction methods, the questionnaire survey.
(More)