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Knowledge Management in the Learning Economy

Bengt-Åke Lundvall

No 06-06, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

Abstract: The purpose of this paper is to show why to build ‘learning organisations’ must be a central element of knowledge management. The paper argues that the wide use of information technology has a contradictory impact on knowledge management. On the one hand it extends the potential for codifying knowledge. On the other hand it makes tacit knowledge scarcer and it contributes to the formation of ‘a learning economy’. The argument is supported by an empirical analysis of survey data from Denmark showing that firms that introduce several organisational practices, assumed to characterise the learning organisation, are more innovative than the average firm. The paper contributes to the empirical foundation for the argument that learning organisations stimulate innovation and competence building and it makes an original conceptual contribution of practical relevance by linking knowledge management to HRM and innovation management.

Keywords: Knowledge management; learning economy; interactive learning; organisational change (search for similar items in EconPapers)
JEL-codes: D83 O32 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-cbe and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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