Knowledge Management and Innovation in the Furniture Industry in Mexico
Víctor Manuel Castillo-Girón (),
Suhey Ayala-Ramírez (),
Antonieta Martínez-Velasco () and
Antonia Terán-Bustamante ()
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Víctor Manuel Castillo-Girón: Universidad de Guadalajara
Suhey Ayala-Ramírez: Universidad de Guadalajara
Antonieta Martínez-Velasco: Universidad Panamericana
Antonia Terán-Bustamante: Universidad Panamericana
Chapter Chapter 10 in Creating Economic Stability Amid Global Uncertainty, 2023, pp 219-247 from Springer
Abstract:
Abstract Knowledge is an asset for all companies. Consequently, learning and accumulating new knowledge over time constitute the essence of the innovation process. Thus, knowledge management is of the utmost importance. This research aims to analyze and propose a knowledge management model for innovation through Bayesian networks with machine learning techniques in the furniture industry. We develop a model where we identify and quantify the impact of critical factors on the generation of innovative value. The results show that the most relevant factors for optimal knowledge management in the furniture industry are suppliers, distributors, the enterprises’ business model structure, quality and risk management, strategic planning, value system model, national and international markets, e-commerce, and human capital.
Keywords: Knowledge management; Innovation; Furniture industry; Bayesian networks; Machine learning; Mexico (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-41386-5_10
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DOI: 10.1007/978-3-031-41386-5_10
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