Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs
The aim of this article is to present findings on knowledge management (KM) and knowledge creation, as well as open innovation in small and medium-sized enterprises (SMEs) in Iceland. Two SME company case studies are presented in the form of a case study involving semistructured interviews with mana...
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ftrepec:oai:RePEc:sae:sagope:v:8:y:2018:i:4:p:2158244018807320 2023-05-15T16:47:23+02:00 Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs Elsa Grimsdottir Ingi Runar Edvardsson https://journals.sagepub.com/doi/10.1177/2158244018807320 unknown https://journals.sagepub.com/doi/10.1177/2158244018807320 article ftrepec 2020-12-04T13:40:41Z The aim of this article is to present findings on knowledge management (KM) and knowledge creation, as well as open innovation in small and medium-sized enterprises (SMEs) in Iceland. Two SME company case studies are presented in the form of a case study involving semistructured interviews with managers and selected employees and in-field observation. Company Alpha is a software company, whereas Company Beta is a family company which produces drinks and snacks. Knowledge creation and innovation is a learning process in both companies. The two companies show very different open-innovation models in practice. The findings regarding the two companies are in accordance with the arguments of Chiaroni et al., where they state that high-tech companies tend to prefer inside-out strategies of open innovation, whereas low-tech companies prefer outside-in strategies. Company Alpha relates to customers late in the process, whereas Company Beta relies on knowledge from customers and suppliers and for new knowledge early on in the process. knowledge; knowledge creation; open innovation; SMEs; case studies; Iceland Article in Journal/Newspaper Iceland RePEc (Research Papers in Economics) |
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Open Polar |
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RePEc (Research Papers in Economics) |
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description |
The aim of this article is to present findings on knowledge management (KM) and knowledge creation, as well as open innovation in small and medium-sized enterprises (SMEs) in Iceland. Two SME company case studies are presented in the form of a case study involving semistructured interviews with managers and selected employees and in-field observation. Company Alpha is a software company, whereas Company Beta is a family company which produces drinks and snacks. Knowledge creation and innovation is a learning process in both companies. The two companies show very different open-innovation models in practice. The findings regarding the two companies are in accordance with the arguments of Chiaroni et al., where they state that high-tech companies tend to prefer inside-out strategies of open innovation, whereas low-tech companies prefer outside-in strategies. Company Alpha relates to customers late in the process, whereas Company Beta relies on knowledge from customers and suppliers and for new knowledge early on in the process. knowledge; knowledge creation; open innovation; SMEs; case studies; Iceland |
format |
Article in Journal/Newspaper |
author |
Elsa Grimsdottir Ingi Runar Edvardsson |
spellingShingle |
Elsa Grimsdottir Ingi Runar Edvardsson Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
author_facet |
Elsa Grimsdottir Ingi Runar Edvardsson |
author_sort |
Elsa Grimsdottir |
title |
Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
title_short |
Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
title_full |
Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
title_fullStr |
Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
title_full_unstemmed |
Knowledge Management, Knowledge Creation, and Open Innovation in Icelandic SMEs |
title_sort |
knowledge management, knowledge creation, and open innovation in icelandic smes |
url |
https://journals.sagepub.com/doi/10.1177/2158244018807320 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
https://journals.sagepub.com/doi/10.1177/2158244018807320 |
_version_ |
1766037479774748672 |