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A Study on the Effects of Knowledge Management on Innovation Strategies and Competitive Advantages

Author

Listed:
  • Jie Yang

    (City College of Wenzhou University, Wenzhou China)

  • Limeng Ying

    (City College of Wenzhou University, Wenzhou China)

Abstract

The 21st century is a knowledge economic era when a person who could master knowledge and technologies could master the competitive future. The knowledge and technology competition and the emergence of information technology and the Internet in the future have innovation strategies enter a new era. Knowledge management and share as well as innovation strategies of a business present the importance on the enhancement of competitive advantages. Effective knowledge management and innovation strategies become the key in the success. Aiming at Kunshan German Industrial Park, the executives and employees in 6 of top 500 businesses are distributed 300 copies of questionnaires, among which 218 valid copies are retrieved, with the retrieval rate 73%. The research results show the significant correlations between 1. innovation strategies and competitive advantages, 2. knowledge management and innovative strategies, and 3. knowledge management and competitive advantages. It is expected to assist businesses in constructing knowledge management.

Suggested Citation

  • Jie Yang & Limeng Ying, 2015. "A Study on the Effects of Knowledge Management on Innovation Strategies and Competitive Advantages," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 65(supplemen), pages 159-171, December.
    • Handle: RePEc:aka:aoecon:v:65:y:2015:i:supplement2:p:159-171
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