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Published in: Asia Pacific Journal of Management 3/2008

01-09-2008 | Editorial

Knowledge management and innovation strategy in the Asia Pacific: Toward an institution-based view

Authors: Yuan Lu, Eric W. K. Tsang, Mike W. Peng

Published in: Asia Pacific Journal of Management | Issue 3/2008

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Abstract

The emergence of knowledge-intensive society has changed the nature of business competition. Knowledge management becomes an important managerial task and formulating a sound innovation strategy is an integral part of strategic management. Adopting an institution-based view, this article argues that the institutional environment in the Asia Pacific region plays a multi-faceted role behind firms’ knowledge management and innovation strategy. Specifically, institutions impose rules for legitimacy, serve as a source of knowledge, and allocate incentives and resources for innovation. We believe that future research drawing on the institution-based view has significant potential to advance our understanding of knowledge management and innovation strategy in Asia Pacific firms.

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Footnotes
1
Of course, relative to Western European and North American countries, Japan was a latecomer in industrialization, which started after the 1860s.
 
2
In 1888, Prime Minister Li Hong Zhang built a 1500 meter long railway inside the Forbidden City (the royal palace) as a pilot project to entertain Empress Dowager Cixi. To prevent the locomotive from making noise, a few eunuchs pulled the train to move. The Empress eventually approved the railway construction plan.
 
3
Of the 13 papers invited to present in Xi’an, one (Zhang & Li, 2008) was accepted by a regular issue (due to its lack of fit with our Special issue theme) and another is still in the review process (as of March 2008) to be considered for a possible regular issue because the lead author was sick and unable to revise in time for our Special Issue.
 
4
The Perspectives paper by Asakawa and Som (2008) had been invited by the Editor-in-Chief before the idea for our Special Issue was conceived.
 
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Metadata
Title
Knowledge management and innovation strategy in the Asia Pacific: Toward an institution-based view
Authors
Yuan Lu
Eric W. K. Tsang
Mike W. Peng
Publication date
01-09-2008
Publisher
Springer US
Published in
Asia Pacific Journal of Management / Issue 3/2008
Print ISSN: 0217-4561
Electronic ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-008-9100-9

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