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A Firm as a Knowledge-Creating Entity: A New Perspective on the Theory of the Firm

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Author Info
Nonaka, Ikujiro
Toyama, Ryoko
Nagata, Akiya
Abstract

The knowledge-based view of the firm views a firm as a knowledge-creating entity, and argues that knowledge and the capability to create and utilize such knowledge are the most important source of a firm's sustainable competitive advantage. Knowledge and skills give a firm a competitive advantage because it is through this set of knowledge and skills that a firm is able to innovate new products/processes/services, or improve existing ones more efficiently and/or effectively. The raison d'etre of a firm is to continuously create knowledge. Copyright 2000 by Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Industrial & Corporate Change.

Volume (Year): 9 (2000)
Issue (Month): 1 (March)
Pages: 1-20
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:oup:indcch:v:9:y:2000:i:1:p:1-20

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  2. Tomi Tura & Vesa Harmaakorpi, 2005. "Measuring Regional Innovative Capability," ERSA conference papers ersa05p680, European Regional Science Association. [Downloadable!]
  3. Elena Revilla, 2004. "An empirical assessment of a learning and knowledge management typology for research joint ventures," Working Papers Economia wp04-11, Instituto de Empresa, Area of Economic Environment. [Downloadable!]
  4. Elena Revilla, 2007. "Information Technology and the Ambidexterity Hypotheses: An Analysis in Product Development," Working Papers Economia wp07-06, Instituto de Empresa, Area of Economic Environment. [Downloadable!]
  5. Michael Steiner, 2004. "The Role of Clusters in Knowledge Creation and Diffusion – an Institutional Perspective," ERSA conference papers ersa04p612, European Regional Science Association. [Downloadable!]
  6. Vesa Harmaakorpi & Satu Pekkarinen, 2003. "The Concept of the Regional Development Platform and Regional Development Platform Method (RDPM) as a Tool for Regional Development," ERSA conference papers ersa03p392, European Regional Science Association. [Downloadable!]
  7. Ulrich Witt & Tom Broekel & Thomas Brenner, 2007. "Knowledge and its Economic Characteristics - A Conceptual Clarification," Jena Economic Research Papers in Economics 2007-013, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek. [Downloadable!]
  8. Gary B. Magee, 2002. "Rethinking Invention: Cognition and the Economics of Technological Creativity," Department of Economics - Working Papers Series 861, The University of Melbourne. [Downloadable!]
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  10. Silviya Draganinska & Rudiger Wink, 2006. "Formal Knowledge Examination Institutions: Chance Or Threat to European Medium Tech-Nology SMEs? A Cognitive and Institutional Perspective," ERSA conference papers ersa06p404, European Regional Science Association. [Downloadable!]
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  13. Wink, Ruediger, 2002. "The transregional dimension of territorial knowledge management. An evolutionary perspective on the role of universities," ERSA conference papers ersa02p496, European Regional Science Association. [Downloadable!]
  14. H. J. Sapienza & D. De Clercq & W. R. Sandberg, 2004. "Antecedents of international and domestic learning effort," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 04/278, Ghent University, Faculty of Economics and Business Administration. [Downloadable!]
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  17. Sapienza, H.J. & De Clercq, D. & Sandberg, William R., 2004. "Antecedents of international and domestic learning effort," Vlerick Leuven Gent Management School Working Paper Series 2004-17, Vlerick Leuven Gent Management School. [Downloadable!]
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