Successfully developing a new product, service or production process for commercial purposes involves complex and dynamic changes, and therefore requires conditions of knowledge management that fosters innovation. In this sense, processes by which knowledge is created and exploited in the firm constitute key competence and source of innovation capabilities. The objective of the study is to examine the relationship between conditions of knowledge management and innovation capability. The sample consists of 102 Colombian new technology-based firms. According to results, conditions of knowledge management has a positive effect on innovation capability, specifically flexible structure, information and communications technology, strategic purpose, and competitive environment. The results help firms, especially those that require a lot of knowledge and carry out their activities in uncertain and dynamic environments, to management and understand how the processes of innovation capability are influenced by the conditions of knowledge management.

Keywords:

References

Acosta, JC (2010). Creation and development of technological capabilities: An analysis model based on the knowledge approach. Doctoral thesis, Universidad Autónoma de Madrid, Madrid, Spain. Retrieved from http://hdl.handle.net/10486/4320. Google Scholar
Acosta-Prado, JC and AL Fischer [2013] Conditions of knowledge management, innovation capability and firm performance: An explicative model. Pensamiento & Gestión, 35, 25–63. Google Scholar
Acosta-Prado, JC, AK Romero and AA Tafur-Mendoza (2020). Conditions of knowledge management, innovation capability and firm performance in Colombian NTBFs: A measurement scale. VINE Journal of Information and Knowledge Management Systems, ahead-of-print(ahead-of-print), doi: 10.1108/VJIKMS-09-2019-0142. Google Scholar
Andreu, R and S Sieber [1999] The integral management of knowledge and learning. Economía Industrial, 326, 63–72. Google Scholar
Andries, P, S De Winne and A Bos-Nehles [2019] Knowledge management practices for stimulating incremental and radical product innovation. In Strategic Renewal: Core Concepts, Antecedents, and Micro Foundations, A Tuncdogan, A Lindgreen, H Volberda and F van den Bosch (eds.), pp. 100–119. New York, NY: Routledge. Crossref, Google Scholar
Ansoff, H [1965] Corporate Strategy. New York, NY: McGraw-Hill. Google Scholar
Ato, M, JJ López and A Benavente [2013] A classification system for research designs in psychology. Annals of Psychology, 29(3), 1038–1059. https://doi.org/10.6018/analesps.29.3. 178511. Google Scholar
Barney, JB [1991] Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108. Crossref, Web of Science, Google Scholar
Barney, JB [2001] Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643–650. https://doi.org/10.1177/014920630102700602. Crossref, Web of Science, Google Scholar
Bierly, P and A Chakrabarti [1996] Generic knowledge strategies in the U.S. pharmaceutical industry. Strategic Management Journal, 17(S2), 123–135. https://doi.org/10.1002/smj.4250171111. Crossref, Web of Science, Google Scholar
Bueno, E [1999] The knowledge society claims intangible capital. In Perspectives on Knowledge Management and Intellectual Capital, E Bueno and MP Salmador (eds.), pp. 15–16. Madrid: Instituto Universitario Euroforum. Google Scholar
Bueno, E, M Longo-Somoza and MP Salmador [2016] Concept, method and research program of business dynamics. Economía industrial, 399, 13–22. Google Scholar
Bueno, E, P Morcillo and MP Salmador [2006] Distinctions that matter: A classification of resources and discussion of implications for dynamic capabilities of firms. International Journal Technology Management, 41(1–2), 155–168. https://doi.org/10.1504/ijmp.2006. 009354. Google Scholar
Burns, T and G Stalker [1961] The Management of Innovation. London: Tavistock. Google Scholar
Buvik, A and K Gronhaug [2000] Inter-firm dependence, environmental uncertainty and vertical co-ordination in industrial buyer-seller relationships. Omega, 28(4), 445–454. https://doi.org/10.1016/s0305-0483(99)00068-7. Crossref, Web of Science, Google Scholar
Cabrilo, S and S Dahms [2018] How strategic knowledge management drives intellectual capital to superior innovation and market performance. Journal of Knowledge Management, 22(3), 621–648. https://doi.org/10.1108/jkm-07-2017-0309. Crossref, Web of Science, Google Scholar
Carneiro, A [2000] How does knowledge management influence innovation and competitiveness? Journal of Knowledge Management, 4(2), 87–98. https://doi.org/10.1108/13673270010372242. Crossref, Google Scholar
Chang, SC and MS Lee [2008] The linkage between knowledge accumulation capability and organizational innovation. Journal of Knowledge Management, 12(1), 3–20. https://doi.org/10.1108/13673270810852359. Crossref, Google Scholar
Chen, RR and RP Kannan-Narasimhan [2015] Formal integration archetypes in ambidextrous organizations. R&D Management, 45(3), 267–286. https://doi.org/10.1111/radm.12083. Crossref, Web of Science, Google Scholar
Cohen, J [1988] Statistical Power Analysis for the Behavioral Sciences, 2nd Ed. Hillsdale, NJ: Lawrence Erlbaum. Google Scholar
Cohen, WM and DA Lenvinthal [1990] Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128–152. https://doi.org/10.2307/2393553. Crossref, Web of Science, Google Scholar
Conger, S [2015] Knowledge management for information and communications technologies for development programs in South Africa. Information Technology for Development, 21(1), 113–134. https://doi.org/10.1080/02681102.2014.899960. Crossref, Web of Science, Google Scholar
Costa, V and S Monteiro [2016] Key knowledge management processes for innovation: A systematic literature review. VINE Journal of Information and Knowledge Management Systems, 46(3), 386–410. https://doi.org/10.1108/VJIKMS-02-2015-0017. Crossref, Web of Science, Google Scholar
Da Costa, JCN, S Miranda, AM Machado and SR Didonet [2018] The role of marketing capabilities, absorptive capacity, and innovation performance. Marketing Intelligence & Planning, 36(4), 410–424. https://doi.org/10.1108/mip-11-2017-0312. Crossref, Web of Science, Google Scholar
Darroch, J and R McNaughton [2002] Examining the link between knowledge management practices and types of innovation. Journal of Intellectual Capital, 3(3), 210–222. https://doi.org/10.1108/14691930210435570. Crossref, Google Scholar
Davenport, T and L Prusak [2001] Knowledge in Action: How Organizations Handle What They Know. Buenos Aires: Prentice Hall. Google Scholar
Dávila, JC [2012] The twofold dimension of an Organizational capability: Evidence from a competitive non-profit organization. Cuadernos de Administración, 25(44), 11–37. Google Scholar
De Brentani, U and EJ Kleinschmidt [2004] Corporate culture and commitment: Impact on performance of international new product development programs. Journal Production Innovation Management, 21(5), 309–333. https://doi.org/10.1111/j.0737-6782.2004. 00085.x. Crossref, Web of Science, Google Scholar
Deng-Neng, C and L Ting-Peng [2011] Knowledge evolution strategies and organizational performance: A strategic fit analysis. Electronic Commerce Research and Applications, 10(1), 75–84. https://doi.org/10.1016/j.elerap.2010.10.004. Crossref, Web of Science, Google Scholar
De Long, DW and L Fahey [2000] Diagnosing cultural barriers to knowledge management. Academy of Management Executive, 14(4), 113–127. https://doi.org/10.5465/ame.2000. 3979820. Crossref, Google Scholar
De Silva, M, J Howells and M Meyer [2018] Innovation intermediaries and collaboration: Knowledge–based practices and internal value creation. Research Policy, 47(1), 70–87. https://doi.org/10.1016/j.respol.2017.09.011. Crossref, Web of Science, Google Scholar
Donate, M and F Guadamillas [2011] Organizational factors to support knowledge management and innovation. Journal of Knowledge Management, 15(6), 890–914. https://doi.org/10.1108/13673271111179271. Crossref, Web of Science, Google Scholar
Du Plessis, M [2007] The role of knowledge management in innovation. Journal of knowledge management, 11(4), 20–29. https://doi.org/10.1108/13673270710762684. Crossref, Google Scholar
Duncan, RB [1976] The ambidextrous organization: Designing dual structures for innovation. The Management of Organization, 1, 167–188. Google Scholar
Eisenhardt, KM and JA Martin [2000] Dynamic capabilities: What are they? Strategic Management Journal, 21(10), 1105–1121. Crossref, Web of Science, Google Scholar
Enkel, E, S Heil, M Hengstler and H Wirth [2017] Exploratory and exploitative innovation: To what extent do the dimensions of individual level absorptive capacity contribute? Technovation, 60, 29–38. https://doi.org/10.1016/j.technovation.2016.08.002. Crossref, Web of Science, Google Scholar
Erdfelder, E, F Faul, A Buchner and A.-G. Lang [2009] Statistical power analyses using G*Power 3.1: Tests for correlation and regression analyses. Behavior Research Methods, 41(4), 1149–1160. https://doi.org/10.3758/BRM.41.4.1149. Crossref, Web of Science, Google Scholar
European Commission (2003). Commission Recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises (Text with EEA relevance) (notified under document number C(2003) 1422). Retrieved from http://data.europa.eu/eli/reco/2003/361/oj. Google Scholar
Furman, JL, ME Porter and S Stern [2002] The determinants of national innovative capacity. Research Policy, 31(6), 899–933. https://doi.org/10.1016/s0048-7333(01)00152-4. Crossref, Web of Science, Google Scholar
Grant, RM [1991] The resource-based theory of competitive advantages: Implications for strategy formulation. California Management Review, 33(3), 114–135. https://doi.org/10.2307/41166664. Crossref, Web of Science, Google Scholar
Guan, J and N Ma [2003] Innovative capability and export performance of Chinese firms. Technovation, 23(9), 737–747. https://doi.org/10.1016/s0166-4972(02)00013-5. Crossref, Web of Science, Google Scholar
Gupta, VK, R Huang and AA Yayla [2011] Social capital, collective transformational leadership, and performance: A resource-based view of self-managed teams. Journal of Managerial Issues, 23(1), 31–45. Google Scholar
Hair, JF, GTM Hult, CM Ringle and M Sarstedt [2017] A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM), 2nd Ed. Thousand Oaks: Sage. Google Scholar
Hax, AC and NS Majluf [1984] The corporate strategic planning process. Interfaces, 14(1), 47–60. https://doi.org/10.1287/inte.14.1.47. Crossref, Web of Science, Google Scholar
Hedlund, G [1994] A model of knowledge management and the N-form corporation. Strategic Management Journal, 15(S2), 73–90. https://doi.org/10.1002/smj.4250151006. Crossref, Google Scholar
Helfat, CE and RS Raubitschek [2000] Product sequencing: Co-evolution of knowledge, capabilities and products. Strategic Management Journal, 21(10–11), 961–979. https://doi.org/10.1002/1097-0266(200010/11)21:10/11<961::aid-smj132>3.0.co;2-e. Crossref, Web of Science, Google Scholar
Hofer, CW, EA Murray, R Charan and RA Pitts [1980] Strategy Management: A Casebook in Business Policy and Planning. St. Paul, MIN: West Publishing Company. Google Scholar
Hormiga, E, C Hancock and J Valls-Pasola [2013] Intellectual capital and new ventures: The entrepreneur’s cognizance of company management. Knowledge Management Research & Practice, 11(2), 208–218. https://doi.org/10.1057/kmrp.2013.16. Crossref, Web of Science, Google Scholar
Hsu, DH and RH Ziedonis [2013] Resources as dual sources of advantage: Implications for valuing entrepreneurial firm patents. Strategic Management Journal, 34(7), 761–781. https://doi.org/10.1002/smj.2037. Crossref, Web of Science, Google Scholar
Hurley, RF and GT Hult [1998] Innovation, market orientation, and organizational learning: An integration and empirical examination. Journal of Marketing, 62(3), 42–54. https://doi.org/10.1177/002224299806200303. Crossref, Web of Science, Google Scholar
Inkinen, H [2015] Review of empirical research on intellectual capital and firm performance. Journal of Intellectual Capital, 16(3), 518–565. https://doi.org/10.1108/jic-01-2015-0002. Crossref, Web of Science, Google Scholar
Inkinen, H [2016] Review of empirical research on knowledge management practices and firm performance. Journal of Knowledge Management, 20(2), 230–257. https://doi.org/10.1108/JKM-09-2015-0336. Crossref, Web of Science, Google Scholar
Jansen, JJP, Z Simsek and Q Cao [2012] Ambidexterity and performance in multiunit contexts: Cross-level moderating effects of structural and resource attributes. Strategic Management Journal, 33(11), 1286–1303. https://doi.org/10.1002/smj.1977. Crossref, Web of Science, Google Scholar
Jaziri-Bouagina, D and GL Jamil [2017] Handbook of Research on Tacit Knowledge Management for Organizational Success. Hershey, PA: IGI Global. https://doi.org/10.4018/978-1-5225-2394-9. Crossref, Google Scholar
Jensen, A and TH Clausen [2017] Origins and emergence of exploration and exploitation capabilities in new technology-based firms. Technological Forecasting and Social Change, 120, 163–175. https://doi.org/10.1016/j.techfore.2017.03.004. Crossref, Web of Science, Google Scholar
Jhonson, G, R Whittington, P Regner, K Scholes and D Angwin [2017] Exploring Strategy. New York, NY: Pearson. Google Scholar
Kim, K, KE Watkins and Z Lu [2017] The impact of a learning organization on performance: Focusing on knowledge performance and financial performance. European Journal of Training and Development, 41(2), 177–193. https://doi.org/10.1108/ejtd-01-2016-0003. Crossref, Web of Science, Google Scholar
Lambrou, M [2016] Innovation capability, knowledge management and big data technology: A maritime business case. International Journal of Advanced Corporate Learning, 9(2), 40–44. https://doi.org/10.3991/ijac.v9i2.6010. Crossref, Google Scholar
Lawson, B and D Samson [2001] Developing innovation capability in organisations: A dynamic capabilities approach. International Journal of Innovation Management, 5(3), 377–400. https://doi.org/10.1142/s1363919601000427. Link, Google Scholar
Levinthal, DA and JG March [1993] The myopia of learning. Strategic Management Journal, 14(2), 95–112. https://doi.org/10.1002/smj.4250141009. Crossref, Web of Science, Google Scholar
Lisboa, A, D Skarmeas, C Lages [2011] Entrepreneurial orientation, exploitative and explorative capabilities, and performance outcomes in export markets: A resource-based approach. Industrial Marketing Management, 40(8), 1274–1284. https://doi.org/10.1016/j.indmarman.2011.10.013. Crossref, Web of Science, Google Scholar
Löfsten, H [2016a] Business and innovation resources: Determinants for the survival of new technology-based firms. Management Decision, 54(11), 88–106. https://doi.org/10.1108/MD-04-2015-0139. Crossref, Web of Science, Google Scholar
Löfsten, H [2016b] New technology-based firms and their survival: The importance of business networks, and entrepreneurial business behavior and competition. Local Economy, 31(3), 393–409. https://doi.org/10.1177/0269094216637334. Crossref, Web of Science, Google Scholar
Maldonado, G, MC Martinez, D García-Pérez-de-Lema [2017] The relationship between knowledge management and innovation level in Mexican SMEs: Empirical evidence. In Exploring the Entrepreneurial Society: Institutions, Behaviors and Outcomes, J Bonnet, M Dejardin and D García-Pérez-de-Lema (eds.), pp. 115–128. Massachusetts, MA: Edward Elgar Publishing. https://doi.org/10.4337/9781783472666. Crossref, Google Scholar
March, JG [1991] Exploration and exploitation in organizational learning. Organization Science, 2(1), 71–87. Crossref, Web of Science, Google Scholar
Marshall, A [1890] Principles of Economics. London: Macmillan. Google Scholar
Martín-de Castro, G [2015] Knowledge management and innovation in knowledge-based and high-tech industrial markets: The role of openness and absorptive capacity. Industrial Marketing Management, 47, 143–146. https://doi.org/10.1016/j.indmarman.2015. 02.032. Crossref, Web of Science, Google Scholar
Nguyen, VT and TA Pham [2017] Knowledge management strategies, imitation, and innovation: An empirical study of Vietnamese firms. In Organizational Learning in Asia, J Hong, RS Snell and C Rowley (eds.), pp. 85–108. Cambridge, MA: Elsevier. https://doi.org/10.1016/B978-0-08-100983-3.00004-6. Crossref, Google Scholar
Nonaka, I and H Takeuchi [1995] The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation. New York, NY: Oxford University Press. Crossref, Google Scholar
Nonaka, I, R Toyama and N Konno [2000] SECI, Ba and leadership: A unified model of dynamic knowledge creation. Long Range Planning, 33(1), 5–34. https://doi.org/10.1016/S0024-6301(99)00115-6. Crossref, Web of Science, Google Scholar
Nonaka, I and R Toyama [2005] The theory of the knowledge-creating firm: Subjectivity, objectivity and synthesis. Industrial and Corporate Change, 14(3), 419–436. https://doi.org/10.1093/icc/dth058. Crossref, Web of Science, Google Scholar
Nunnally, JC and IJ Bernstein [1994] Psychometric Theory, 3rd Ed. New York, NY: McGraw-Hill. Google Scholar
Obeidat, B, M Al-Suradi, R Masádeh and A Tarhini [2016] The impact of knowledge management on innovation: An empirical study on Jordanian consultancy firms. Management Research Review, 39(10), 1214–1238. https://doi.org/10.1108/MRR-09-2015-0214. Crossref, Web of Science, Google Scholar
Ode, E and R Ayavoo [2019] The mediating role of knowledge application in the relationship between knowledge management practices and firm innovation. Journal of Innovation & Knowledge. In Press. https://doi.org/10.1016/j.jik.2019.08.002. Web of Science, Google Scholar
Ognjanović, J and M Simić [2019] The role of knowledge management in the process of innovation of services. Knowledge International Journal, 30(1), 237–243. Crossref, Google Scholar
Olsson, A, KMB Paredes, U Johansson, MO Roese and S Ritzén [2019] Organizational climate for innovation and creativity — a study in Swedish retail organizations. International Review of Retail, Distribution and Consumer Research, 29(3), 243–261. https://doi.org/10.1080/09593969.2019.1598470. Web of Science, Google Scholar
Palacios, D, I Gil and F Garrigos [2009] The impact of knowledge management on innovation and entrepreneurship in the Biotechnology and Telecommunications industries. Small Business Economics, 32(3), 291–301. https://doi.org/10.1007/s11187-008-9146-6. Crossref, Web of Science, Google Scholar
Paul, VMT and G Prithiviraj [2012] Knowledge management key to competitive advantage. In Emerging trends in Science, Engineering and Technology: Lecture Notes in Mechanical Engineering, S Sathiyamoorthy, B Caroline and J Jayanthi (eds.), pp. 775–782. New Delhi: Springer. https://doi.org/10.1007/978-81-322-1007-8_74. Crossref, Google Scholar
Peña, I [2002] Knowledge networks as part of the integrated knowledge management approach. Journal of Knowledge Management, 6(5), 469–478. Crossref, Google Scholar
Porter, M [1991] Towards a dynamic theory of strategy. Strategic Management Journal, 12(S2), 95–117. Crossref, Web of Science, Google Scholar
Rigdon, EE [2014] Rethinking partial least squares path modeling: Breaking chains and forging ahead. Long Range Planning, 47(3), 161–167. https://doi.org/10.1016/j.lrp.2014. 02.003. Crossref, Web of Science, Google Scholar
Ringle, CM, S Wende and J-M Becker [2015] SmartPLS 3. Boenningstedt: SmartPLS GmbH. Google Scholar
Rothaermel, FT and MT Alexandre [2009] Ambidexterity in technology sourcing. Organization Science, 20(4), 759–780. https://doi.org/10.1287/orsc.1080.0404. Crossref, Web of Science, Google Scholar
Roumelt, RP, D Schendel and DJ Teece [1991] Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509–533. https://doi.org/10.1002/(sici)1097-0266(199708)18:7<509::aid-smj882>3.0.co;2-z. Google Scholar
Rugman, AM and A Verbeke [2004] A perspective on regional and global strategies of multinational enterprises. Journal of International Business Studies, 35, 3–18. https://doi.org/10.1057/palgrave.jibs.8400073. Crossref, Web of Science, Google Scholar
Schäffer, U and B Willauer [2003] Strategic planning as a learning process. Schmalenbach Business Review, 55(2), 86–107. https://doi.org/10.1007/BF03396668. Crossref, Google Scholar
Sen, Y [2019] Knowledge as a valuable asset of organizations: Taxonomy, management and implications. In Management Science: Management and Industrial Engineering, C Machado and J Davim (eds.), pp. 29–48. Cham: Springer. https://doi.org/10.1007/978-3-030-13229-3_2. Crossref, Google Scholar
Simsek, Z, C Heavey, JF Veiga and D Souder [2009] A typology for aligning organizational ambidexterity’s conceptualizations, antecedents, and outcomes. Journal of Management Studies, 46(5), 864–894. https://doi.org/10.1111/j.1467-6486.2009.00841.x. Crossref, Web of Science, Google Scholar
Sońta-Dra̧czkowska, E and M Mrożewski [2019] Exploring the role of project management in product development of new technology-based firms. Project Management Journal. Article available in OnlineFirst. https://doi.org/10.1177/8756972819851939. Web of Science, Google Scholar
Spender, J-C [1996] Making knowledge the basic of a dynamic theory of the firm. Strategic Management Journal, 17(S2), 45–62. https://doi.org/10.1002/smj.4250171106. Crossref, Web of Science, Google Scholar
Teece, D [1992] Competition, corporation, and innovation: Organizational arrangements for regimes of rapid technological progress. Journal of Economic Behavior and Organization, 18(1), 1–25. https://doi.org/10.1016/0167-2681(92)90050-L. Crossref, Web of Science, Google Scholar
Teece, D, G Pisano and A Shuen [1997] Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509–533. https://doi.org/10.1002/(sici)1097-0266(199708)18:7<509::aid-smj882<3.0.co;2-z. Crossref, Web of Science, Google Scholar
Teece, D [2009] Dynamic Capabilities & Strategic Management: Organizing for Innovation and Growth. New York, NY: Oxford University Press. Google Scholar
Urgal, B, MA Quintás and R Arévalo [2011] Technological knowledge, innovation capability and innovative performance: The moderating role of the behavioural environment of the firm. Cuadernos de Economía y Dirección de la Empresa, 14(1), 53–66. https://doi.org/10.1016/j.cede.2011.01.004. Crossref, Google Scholar
Uttley, J [2019] Power analysis, sample size, and assessment of statistical assumptions —improving the evidential value of lighting research. LEUKOS, 15(2–3), 143–162. https://doi.org/10.1080/15502724.2018.1533851. Crossref, Web of Science, Google Scholar
Wernerfelt, B [1984] A resource-based view of the firm. Strategic Management Journal, 5, 171–180. Crossref, Web of Science, Google Scholar
Yousaf, MJ and Ali Q [2018] Impact of knowledge management on innovation: Evidence from a South Asian Country. Journal of Information & Knowledge Management, 17(3), 1850035. https://doi.org/10.1142/S0219649218500351. Link, Web of Science, Google Scholar