The effects of knowledge management on innovative success: an empirical analysis of German firms
AbstractThe 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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Bibliographic InfoPaper provided by Deutsche Bundesbank, Research Centre in its series Discussion Paper Series 1: Economic Studies with number 2009,16.
Date of creation: 2009
Date of revision:
knowledge management; innovation; matching estimator;
Other versions of this item:
- Cantner, Uwe & Joel, Kristin & Schmidt, Tobias, 2011. "The effects of knowledge management on innovative success – An empirical analysis of German firms," Research Policy, Elsevier, vol. 40(10), pages 1453-1462.
- Uwe Cantner & Kristin Joel & Tobias Schmidt, 2009. "The effects of knowledge management on innovative success - an empirical analysis of German firms," Jena Economic Research Papers 2009-037, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-09-19 (All new papers)
- NEP-CSE-2009-09-19 (Economics of Strategic Management)
- NEP-INO-2009-09-19 (Innovation)
- NEP-KNM-2009-09-19 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2009-09-19 (Small Business Management)
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