Information Technology Strategy in Knowledge Diffusion Lifecycle

Author(s):  
Zhang Li ◽  
Jia Qiong ◽  
Yao Xiao

A progressive liberalization and deregulation of international trade, and the rapid development and diffusion of information and communication technology (IT) have fundamentally changed the global competitive dynamic environment (Ernst & Kim, 2002). Growing around these is a new information age economy whose fundamental sources of wealth are knowledge and communication rather than natural resources and physical labor (Kanter, 1994). The simultaneous development of the knowledge economy (Dunning, 2000) and the information technology economy (Varian, Farrell, & Shapiro, 2004) provides both opportunity and challenge for the organizations, and also requires us to develop from a comprehensive perspective by combining knowledge management with the information technology strategy. In the knowledge economy, the importance of knowledge diffusion dynamics has been increasingly recognized in development economics over the last decade (World Bank, 1999). Knowledge diffusion can be defined as the adaptations and applications of knowledge documented in scientific publications and patents (Crane, 1972). Knowledge diffusion is part of the knowledge management process, realizing the proliferation of knowledge and information among different individuals across time and space (Chen & Hicks, 2004). According to the extent of knowledge diffusion, the knowledge diffusion lifecycle can be divided into four stages, including incubation, nurture, promotion, and popularization (Lang & Yuan, 2004). In this lifecycle, knowledge diffusion refers to promoting the innovation and core competence formation, so how to accelerate the knowledge diffusion has become an important issue for organizations. The development of information technology establishes a solid base to accelerate knowledge diffusion. IT and related organizational innovations provide effective mechanisms for constructing flexible infrastructures that can link together and coordinate economic transactions at distant locations (Broadbent, Weill, & St. Clair, 1999). In essence, IT fosters the development of leaner, meaner, and more agile production systems that cut across firm boundaries and national borders. The underlying vision is that accelerating knowledge diffusion can speed up the dissemination of information technology. Knowledge diffusion is an essential content of the business strategy (Borghoff & Pareschi, 2003). However, existing theories of both information technology and knowledge have not specified the information technology strategy in the knowledge diffusion. This article introduces the information technology strategy in knowledge diffusion based on the knowledge cycle theory. The article describes how to advance knowledge diffusion by using the matched information technology strategy in a different knowledge diffusion lifecycle. The article shows how firms innovate and research to imitate knowledge and improve the diffusion of knowledge.

2021 ◽  
Vol 3 (1) ◽  
pp. 31-44
Author(s):  
William Christopher ◽  
Indrastanti Ratna Widiasari

Information technology is one of the assets of a company or organization that is important for its development, with the rapid development of technology today, technology must always be updated. One of the roles of information technology is the application of knowledge management. Knowledge Management is a system that is able to improve and manage knowledge information in companies or agencies that apply knowledge management. In this study, it focuses on implementing a knowledge management system in the Quality Assurance of the Faculties at Satya Wacana Christian University. This research is based on the fact that PMF institutions still use manual methods in data archiving, the purpose of this study is to design a web application that is useful for archiving PMF data to make it more effective and efficient. In this study, the KMS (Knowledge Management System) is applied, and uses the Knowledge Management System Life Cycle method which consists of several process stages consisting of infrastructure evaluation, KMS design analysis and development, and evaluation at the final stage. The result of this research is a useful data archiving web application for PMF. It is hoped that PMF will be more efficient in data archiving.


2005 ◽  
Vol 04 (03) ◽  
pp. 167-178 ◽  
Author(s):  
Rajesh K. Pillania

Information technology (IT) has a crucial role in knowledge management (KM), as the facilitator or enabler. To find the IT strategy for KM and related aspects such as the tools being utilised, and the problems faced by Indian firms, research was conducted in leading firms in three sectors of the Indian economy; namely software, pharmaceutical and petroleum marketing, covering both the private and public sectors. The results indicated that Indian firms have implemented many IT tools. The internet is the most widely used tool, whereas KM software is the least used. The way IT is growing or implemented and maintained in the firms under study is not encouraging. Barring a few software sector firms, IT tools are neither well maintained nor fully exploited by the firms. In addition, Indian firms lack an IT strategy for KM.


2021 ◽  
Vol 13 (14) ◽  
pp. 7991
Author(s):  
Constantin Bratianu

Knowledge management emerged as a direct result of developing the knowledge economy and the information technology that enables complex data and information processing [...]


2016 ◽  
Vol 2 (1) ◽  
pp. 65 ◽  
Author(s):  
Izabela Sztangret

Identifying the sustainable development with eco-development and the principles of the concept of social welfare in the long term (strategic), with particular emphasis on the economic and environmental efficiency projects, it is worth to pay the attention to the implementation of these rules to the utilities sector. This problem becomes particularly important in the era of the Information Society and the knowledge economy, where the skillful management of the diffusion of knowledge in subsystems of partners relations platform will foster communities of creators eco-values ​​and commercial values. The purpose of this article is identification of ways to implement the concept of sustainable development through knowledge management in the eco-system of the chosen company, a regional leader in the municipal services sector and its partners, in IT environment.


Author(s):  
Hirak Dasgupta

The ability to manage knowledge is becoming increasingly more crucial in today's knowledge economy. The creation and diffusion of knowledge have become ever more important factors in competitiveness. More and more, knowledge is being regarded as a valuable commodity that is embedded in products (especially high-technology products) and in the tacit knowledge of highly mobile employees. Data mining is an essential tool, which is used to predict and classify the data collected from the customers. Data mining can be applied for classifying and clustering student characteristics based on demographic, psychographic and behavioural variables. Data mining can also be applied by using if-then rule. In addition, it can describe the profile of successful and unsuccessful students based of GPA achieved during the semesters. This chapter aims to study the role of data mining in the education sector and emphasizes on the role of knowledge management in educational institutions.


Author(s):  
Zhang Li ◽  
Yao Xiao ◽  
Jia Qiong

Network industries are the central nervous system of the 21st century economy. During this time the newly developing “network economy” will act as the engine that will drive world development (Bao, 2001). The most valuable commodity in this economy has become information, and the economics of networks applies to almost all information products and services. Information can be consumed by more than one person. Most importantly, the total social value of information increases as it is shared with more consumers. Consumers of computers and software programs, cellular phones, faxes, and Internet services all have more valuable products as the use of these products by others increases. Whether we call this an “information economy” or a “network economy,” the implication is the same—network economics accounts for an increasingly larger share of the economy. It is also the driving force behind many of the innovations and technological changes that occur (Balto, 2001). At the same time, knowledge is nowadays considered to be a fundamental asset of the organizations. Although this concept is not new, in the few last years increasing attention has been devoted to knowledge and knowledge management (KM) issues within organizations. In fact, due to environmental factors such as the market globalization, the increased product complexity, and the turbulence of competitive scenarios, the powerful role of knowledge as a source of sustainable advantage has been considerably emphasized (Zack, 1999). The knowledge economy represents a strategic new era that human beings are entering. In this new environment of social and economic development, knowledge and information are recognized as being at least as important as physical capital, financial capital, and natural resources as a source of economic growth. Network economy has provided an equal platform for the participation of all of society. It creates unique values and establishes an operational system in the globalization context, depending on the knowledge as core resource, utilizing the network as the fundamental mode, and taking the information industry as leadership. However, in the knowledge economy, networks are adapted better to knowledge-rich environments because of their superior information-processing capabilities. They minimize idiosyncratic investments in fixed assets and technology, and thus are more flexible and responsive to change. “In an economy where the only certainty is uncertainty, the only sure source of lasting competitive advantage is knowledge” (Nonaka, 1994). And one of the most important aspects is that network economy needs to utilize the knowledge diffusion to create more value. Because knowledge diffusion is the core process of knowledge management to explore more network effects and knowledge diffusion is important for total factor productivity, it is also important for international competitiveness. In consequence, knowledge diffusion should be regarded as one of the companies’ core competencies.


2016 ◽  
Vol 8 (4) ◽  
pp. 67 ◽  
Author(s):  
Jui-Lung Chen

<p>The bed and breakfast (B&amp;B) industry has become a hot tourist and leisure industry in recent years. As consumers pay attention to vacation, there has been increasing competition in the B&amp;B industry. The industry needs to change the traditional management ideas and achieve sustainability through strategic management. Buttressed by the information technology, knowledge management takes the generation, application and consumption of knowledge and information as main resources and features zero consumption, instant sharing and sustainability. With the constant renewal of the information technology and the rapid development of the Internet network, knowledge management has imposed tremendous challenge on the B&amp;B industry and played a key role in the operation of the industry. This study aims to explore the effects of knowledge management on operational performance in the B&amp;B industry. The research results can serve as strategic suggestions and reference for the practitioners of the industry in their operation and management.</p>


2004 ◽  
Vol 20 (04) ◽  
pp. 256-261
Author(s):  
WU Ying-Han ◽  
Shaw Heiu-Jou

The full life cycle of as large and complex a product as a ship consists of feasibility and requirements analysis from the design and production stages, through maintenance, upgrading, decommissioning, and demolition. Many design tasks need to be informed by the perspective of what will be needed over the ship's entire lifetime. The building of a ship is a very complicated process with many concurrently running activities. Given the complexity and enormity of shipbuilding projects, effective management, knowledge application, and strategy implementation to promote the value of a shipyard are important issues. Due to rapid development in information technology and the internet, many shipyards have already applied information systems to increase profits and improve their manufacturing methods. Knowledge management will also be easily accomplished by means of information technology. New technology must enable the prototyping of complex multimodel manufacturing systems to coordinate the design efforts of the multidisciplinary teams required to design manufacturing systems. In this paper, we discuss the combination of collaborative management methods with the advantages of the internet, the building up of a virtual knowledge-sharing environment in the construction process, the use of XML standard for storing full specification data, and how to proceed with such knowledge management activities. Technology can also enable the systematic integration of new design tools to easily upgrade new design domains and methodologies. Internet technologies and collaboration management together can increase the speed of knowledge sharing, allowing workers to get the right information at the right time.


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