Knowledge Management and Techniques Innovation Management

Abstract: Knowledge management is a set of relatively new organizational activities that are aimed at improving knowledge, knowledge-related practices, organizational behaviors and decisions and organizational performance. Most companies face, every day, the challenge of bringing together dissimilar information sources with complex and time-sensitive business processes. The discipline known as Knowledge Management (KM) is a way of formalizing this process. Knowledge Management (KM) is a discipline that integrates management of people, processes and technologies in order to generate, capture and use valuable knowledge in the organisation. In other words, KM is a technology to multiply the organisational memory, intelligence and creativity in a continuous and systematic way. KM has great potential to improve business and environmental innovation. Its applications can be translated in terms of specific techniques that improve a firm’s ability to innovate.