IOT and Strategic Knowledge Management's Effect on a Chinese Manufacturing and Innovation Company
Keywords:
Internet of things, Strategic knowledge management, Manufacturing firm, Chinese innovation, Firm performanceAbstract
In the context of the Internet of Things, new disruptive technologies are changing the way organisations manage their information (IoT). This necessitates a reconsideration of the traditional knowledge management system as well as the installation of a more open approach to allow for the free flow of ideas. This trend was most likely benefitting the development of the organization's main in-house knowledge management competencies. The examination of this environment was centre on four interrelated concepts: knowledge management, open innovation, knowledge management aptitude, and creative genius. This goal is achieved by using the structural equation modelling approach to data collected from 685 Chinese enterprises. The results show that implementing a knowledge management system improves an organization's ability to innovate by improving its internal knowledge-management resources. This, in turn, allows for more chances for cooperation and access to previously unavailable informational resources. The study's findings are utilised to draw major academic and managerial implications, as well as to recommend potential future research topics.