Tacit Knowledge and Firm Performance Relationship. The Role of Product Innovation and the Firm Level Capabilities

Abstract

Based on knowledge-based theory of organizational capabilities and dynamic capabilities theory, this paper tries to establish the linkages between tacit knowledge resources, its integration into firm level capabilities, product innovation and firm performance. In this way, the paper analyses the relationships between some of the most relevant variables to the organizations in order to remain competitive. The conceptual model is tested using a sample of organizations in the industrial sector, using SEM and hierarchical regression analysis. Results show a positive relationship between tacit knowledge and firm performance, tacit knowledge and product innovation, and product innovation and firm performance. A partial mediating effect of product innovation on the tacit knowledge firm performance relationship is established. Also, technical capabilities have a moderator effect on tacit knowledge firm performance relationship. At the end of the paper managerial implications are commented, as well directions for future studies.

Sustainable business models for innovation and success: bibliometric analysis

“…Besides, the scientists in the papers [18][19][20][21][22][23] proved the linking between innovations, sustainable business model and country's competitiveness. The scientists in the papers [24][25][26][27][28][29] proved that sustainable business model could not be realised without innovations. The results of the analysis showed that the scientists analysed sustainable business model from the environmental, economic and social point of views.…”

The effect of tacit knowledge and organizational learning on financial performance in service industry

“…We argue that TK contributes to OL and, in so doing, improves performance by encouraging the knowledge creation workforce to enhance the whole knowledge base of the organization for sustainable results. TK also contributes to financial performance (FP) to give organizations a competitive edge in the market (López-Cabarcos et al, 2019). However, research reports from the existing literature are rare and produce contradictory results on the relation between TK and FP (Donate & de Pablo, 2015;Song & Zhao, 2019).…”

“…However, research reports from the existing literature are rare and produce contradictory results on the relation between TK and FP (Donate & de Pablo, 2015;Song & Zhao, 2019). Some researchers, like López-Cabarcos et al (2019) and Manaf et al (2018), believe that TK is implicitly tied to an organization's FP. This paradoxical clash illustrates the need for further research to expand practitioners' and scholars' understandings the relationship between TK and FP.…”

Market Knowledge and New Product Performance: The Mediating Effects of New Product Creativity

“…Hence, researchers began to probe for more details regarding the different aspects of knowledge relative to NPD success. Some examples of the knowledge base drivers of new product performance are as follows: market knowledge competence (Atuahene-Gima & Wei, 2011;Claudy, Peterson, & Pagell, 2016;Li & Calantone, 1998), exploiting external knowledge sources (Ferreras-Méndez, Newell, Fernández-Mesa, & Alegre, 2015), knowledge management (Lin, Che, & Ting, 2012), market knowledge dimensions (De Luca & Atuahene-Gima, 2007;Jin, Shu, & Zhou, 2019;López-Cabarcos, Srinivasan, Göttling-Oliveira-Monteiro, & Vázquez-Rodríguez, 2019), and knowledge integration mechanisms (De Luca & Atuahene-Gima, 2007;Guo, Cai, & Fei, 2019) or network-based market knowledge (Bao, Sheng, & Zhou, 2012). Knowledge is important in managing an organisation, and is recognised as another non-traditional production factor as well as a crucial resource for economic growth (Ginevičius & Korsakiene, 2005).…”