|Table of Contents|

Influence of decision-making power allocation on innovation efficiency in enterprise technology innovation(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2021年06期
Page:
49-55
Research Field:
经济与管理
Publishing date:
2021-12-30

Info

Title:
Influence of decision-making power allocation on innovation efficiency in enterprise technology innovation
Author(s):
RUI Xijie
(School of Economics and Management, Chang'an University, Shaanxi, Xi'an 710064, China)
Keywords:
efficiency of technology innovation;  product knowledge system;  mechanism of knowledge creation;  agency;  position of innovation decision-making power
PACS:
F273.1
DOI:
-
Abstract:
In order to reveal the effect of innovation decision-making power allocation on efficiency of technology innovation caused by the agency of product knowledge creation in enterprises, this paperstudies the mechanism of organizational knowledge creation starting from personal tacit knowledge on the basis of in-depth analysis of product knowledge system and the dimensions of product knowledge creation. After clarifying the relationship between technological innovation and product knowledge creation, it further explores the agency problem of organizational knowledge creation and reveals the relationship between the enterprises' efficiency of technology innovation and the position of innovation decision-making power. The results show that the product knowledge system consists of core knowledge, auxiliary knowledge and peripheral knowledge. Product knowledge creation has both the functional dimension of improving product core knowledge or auxiliary knowledge and the tacit cognitive dimension of transforming tacit knowledge into formal knowledge. Personal tacit knowledge starts from the knowledge cluster formed by searching corresponding knowledge for solving problems, which is based on tacit knowledge cluster. The tacit knowledge cluster is constantly merged and remade tacitly in the personal effort to optimize the product function, and finally forms the tacit knowledge as the starting point of the SECI model. As tacit knowledge is difficult to transfer and the process of product knowledge creation is difficult to copy and transfer, and the innovation efficiency is closely related to the organizational position of product knowledge creation agency, effective technology innovation should consider the transfer of innovation decision-making power to knowledge or knowledge creation subjects. The optimal position of the transfer of innovation decision-making power depends on the sum of the agency cost of knowledge creation and the cost of decision effectiveness due to lack of knowledge or knowledge creation.

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Memo

Memo:
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Last Update: 2021-12-30