Organization Accumulates and Market Utilizes: A Framework of Knowledge-Corporate System-Innovation Dynamics

Hiroyuki Itami ()
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Hiroyuki Itami: Tokyo University of Science; Hitotsubashi University

Chapter Chapter 1 in Dynamics of Knowledge, Corporate Systems and Innovation, 2010, pp 3-24 from Springer

Abstract: Abstract Corporate System is the engine of innovation which is made possible by the firms providing new products and services to the society through the utilization of accumulated knowledge within the society. Two basic elements of a corporate system is the corporate organization and the market. A framework to conceptualize the dynamics among knowledge, corporate system and innovation is presented and then used to discuss the implications of two types of corporate systems, i.e., market-centered system and organization-centered corporate system. US is the country of a market-centered corporate system and Japan is the country of an organization-centered corporate system

Keywords: Knowledge Creation; Market Mechanism; Product Flow; External Knowledge; Corporate System (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/978-3-642-04480-9_1

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