Innovation Collaboration and Knowledge Managemen

Abstract

newlineIn today s globalised world, an increasingly complex environment has taken shape driven by newline technological development, globalisation, political events, changes in the demography across newline countries and changes in weather systems. These events have impacted firms by causing newline massive changes in how business is conducted, forcing them to innovate processes and newline products in a shorter time. Firms became more reliant on technology to resolve their newline problems. This included automating routine tasks and creating opportunities for skilled newline technical individuals, giving rise to the emergence of the future of work. newline The dependence of firms on innovation is continuously increasing; hence this newline dissertation presents critical findings that can be utilised for understanding innovation newline processes and support in optimising innovation with the help of two critical factors, newline collaboration and knowledge management. In addition, this dissertation presents factors newline helpful in managing knowledge and collaboration with external parties more strategically. newline In this dissertation, a mixed-method research design was developed, first quantitative newline and after qualitative. The comprehensive study focused on understanding the state of newline innovation, processes, and critical factors contributing to innovation. The results from the newline quantitative analysis suggested that collaboration showed mixed results informed by the newline collaboration variables measured, leading to the formulation of the qualitative study to newline investigate further the factors contributing to the collaboration between academia and newline industry and the role of government. Furthermore, the literature also pointed towards newline knowledge management as another significant factor contributing to innovation. This newline xivunderstanding became the basis of designing the qualitative study. The analysis concluded newline with a core category for innovation as Loose ability to innovate, which presents limitations newline encountered along with strengths among academia and industry alike connected with the lack newline of a well-functioning social framework. The core finding for collaboration is Collaboration newline as a social framework aligned with critical factors that contributed to fostering a robust newline environment for industry, academia and government to come and work together for newline innovation. In addition, the core category for knowledge management, Why knowledge newline management requires a social approach? uncovers a lack of an existing strategic knowledge newline management system which could be strategically used to enhance knowledge inside the firm newline by encouraging people to come together and interact to develop skills and generate newline knowledge.