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Knowledge-Based View: The Fundamental Theory for Exploring the Knowledge Mechanisms of Innovation-Driven Entrepreneurship

In: A Theoretical Foundation for Innovation-Driven Entrepreneurship

Author

Listed:
  • Runping Guo

    (Jilin University)

  • Ziqing Feng

    (Jilin University)

  • Peng Lu

    (Jilin University)

  • Xiao Liu

    (Jilin University)

Abstract

Knowledge is the core element of innovation, while entrepreneurship is the process of coordinating the discovery of market-related information and dispersed tacit knowledge (Sullivan & Marvel, 2011; Turner & Pennington, 2015). The knowledge-based view holds that an enterprise is an organization that processes and integrates knowledge. Thus, knowledge is the basic element of innovation-driven entrepreneurship. This theory is the basic theory used to build innovation-driven entrepreneurship theory and especially to reveal innovation-driven entrepreneurship’s internal mechanism. This chapter systematically reviews the knowledge-based view and its application in the field of entrepreneurship research. Based on this, the chapter explores its limitations in explaining innovation-driven entrepreneurship and suggests future research directions to further promote in-depth development of the knowledge-based view.

Suggested Citation

  • Runping Guo & Ziqing Feng & Peng Lu & Xiao Liu, 2025. "Knowledge-Based View: The Fundamental Theory for Exploring the Knowledge Mechanisms of Innovation-Driven Entrepreneurship," Springer Books, in: Li Cai & Baoshan Ge & Xueling Li & Xiaoyu Yu (ed.), A Theoretical Foundation for Innovation-Driven Entrepreneurship, chapter 0, pages 159-167, Springer.
  • Handle: RePEc:spr:sprchp:978-981-96-3133-9_16
    DOI: 10.1007/978-981-96-3133-9_16
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