Knowledge management & innovation culture and its impact on business performance – a study of Indian it organizations

Abstract

The study establishes that knowledge management in organizations cannot be treated like any other corporate initiative for quick results. However for it to remain successful it should necessarily have strong leadership commitment, encouragement of organizational conversation across the organization, constantly develop and deploy dynamic business models, backed by a sound knowledge management system, and above all it is to be embedded in innovation culture, and if all those attributes are present then it can certainly expect enhanced business performance. Further, the term innovation culture is often used in a generic way by the people and organizations, and the study provides greater insights into the aspects and manifestations of innovation culture as it is found to have high potential to create innovation, facilitate the use of knowledge, and improves business performance.