International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 16
Available Online: 10 December 2024
Author/s:
Li, Weibo
Graduate School, Lyceum of the Philippines University – Batangas, Philippines
Abstract:
Amid the current economic downturn, market uncertainty, and competitive pressures in the information technology (IT) sector, enhancing knowledge management practices, business model, and innovative cultural practices can support the development of technological, rational, and efficient intelligent innovation system. Such improvements can bolster organizational competitiveness, establish a sustainable innovation framework, and lay a solid foundation for long-term growth. This study aimed to examine the impact business models, knowledge management practices, and innovation culture on performance innovation, proposing an intelligent innovation framework based on these interrelationships. By systematically analyzing the relationship between these factors and their unique context within the IT industry, the study provided new theoretical insights and practical guidance for constructing the company’s innovation framework. Data for the study were collected through a questionnaire survey targeting company samples. Analytical methods including weighted averages and the Shapiro-Wilk were employed. The survey results reveal a significant correlation between a company’s business model and knowledge management practices, particularly in fostering knowledge creation and sharing. Additionally, there is a moderate positive correlation between business models and cultural innovation, highlighting the critical role of knowledge management in improving business model optimization and promoting innovation. The study also highlights the correlation between business models and innovation culture, indicating that enhancing cultural innovation initiatives can optimize value proposition, strengthen customer relationship management, and ultimately improve financial performance and revenue. While cultural innovation plays a crucial role in the interplay between business models and knowledge management practices, there remains substantial room for further research and practical applications to leverage cultural innovation for business model optimization, knowledge management, and performance enhancement.
Keywords: business model, knowledge management practices, innovation culture, innovation intelligence
DOI: https://doi.org/10.5861/ijrsm.2024.1328
Cite this article:
Li, W. (2024). IT companies business model, knowledge management practices and innovation culture: Basis for innovation intelligence framework. International Journal of Research Studies in Management, 12(16), 139-147. https://doi.org/10.5861/ijrsm.2024.1328