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The effects of knowledge management on innovative success - an empirical analysis of German firms

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Author Info
Uwe Cantner () (Friedrich Schiller University Jena, Chair of Economics / Microeconomics)
Kristin Joel () (Friedrich Schiller University Jena, Chair of Economics / Microeconomics)
Tobias Schmidt () (Deutsche Bundesbank, Economic Research Centre)

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Abstract

The aim of this paper is to analyse the effects of knowledge management on the innovation success of firms in Germany. Using a matching procedure on data from the German Innovation Survey of 2003 ("Mannheim Innovation Panel"), we pair firms applying knowledge management with twin firms with similar characteristics not applying knowledge management. Our focus is on investigating the effects of knowledge management techniques on the economic success of firms with product and process innovations. The results of our matching analysis reveal that firms which apply knowledge management perform better in terms of higher-than-average shares of turnover with innovative products compared to their twins. We do not find a significant effect of knowledge management on the share of cost reductions with process innovation.

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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics with number 2009-037.

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Date of creation: 13 May 2009
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Handle: RePEc:jrp:jrpwrp:2009-037

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Related research
Keywords: knowledge management; innovation; matching estimator;

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Find related papers by JEL classification:
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
M11 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Production Management

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This page was last updated on 2009-11-18.

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