Please use this identifier to cite or link to this item: http://hdl.handle.net/10995/101693
Title: Management of knowledge generation risk: Empirical research of the industrial enterprises
Authors: Vlasov, M.
Panikarova, S.
Issue Date: 2019
Publisher: Academic Conferences Limited
Citation: Vlasov M. Management of knowledge generation risk: Empirical research of the industrial enterprises / M. Vlasov, S. Panikarova. — DOI 10.34190/KM.19.068 // Proceedings of the European Conference on Knowledge Management, ECKM. — 2019. — Vol. 2. — P. 1079-1085.
Abstract: The research aims is to develop the theory and practice of managing risks in the process of generating new knowledge and identify patterns of knowledge generation risks spread depending on cost structure for different types of knowledge. Firstly, authors formed the stratified random sampling by way of stratification of the parent population. The list of companies whose innovative programs were chosen for further analysis consisted of 102 enterprises, from six industries The second stage, to identify the pattern of increase knowledge process and formulating recommendations in the field of knowledge risk management the six focus group interviews with 108 executives as carried out. The third stage included structured interviews with 24 representatives of leading organizations in the field of the innovative process. Empirical results show that in terms of knowledge generation importance of internal risks is much higher than that of external ones, weight coefficient of internal risks 63,8% and external - 36,2%. There is an interrelation between the risk of knowledge generation and the structure of costs for different types of knowledge. The larger the costs for research are, the less the risk of functional knowledge generation is and the higher the risk of generating operational knowledge is. Following the study, there is an awareness of the importance of differentiation of new knowledge and innovations during the developing of competitive strategy of the enterprise and costs planning on R&D. When the managers know the potential risks of knowledge generation, they could avoid or neutralize the unfavorable consequences. Analysis of academic publications lead the authors to the conclusion that despite the existence of individual research into knowledge generation and increase the strategy formation process. There is no research devoted to identifying interdependence between risk level and cost structure of different knowledge. © 2019 Academic Conferences Limited. All rights reserved.
Keywords: KNOWLEDGE GENERATION
KNOWLEDGE RISK MANAGEMENT
RISK
INDUSTRIAL RESEARCH
KNOWLEDGE MANAGEMENT
RISK ASSESSMENT
RISKS
ACADEMIC PUBLICATIONS
COMPETITIVE STRATEGY
INDUSTRIAL ENTERPRISE
INNOVATIVE PROGRAMS
KNOWLEDGE GENERATIONS
OPERATIONAL KNOWLEDGE
STRATIFIED RANDOM SAMPLING
WEIGHT COEFFICIENTS
RISK MANAGEMENT
URI: http://hdl.handle.net/10995/101693
Access: info:eu-repo/semantics/openAccess
SCOPUS ID: 85073356705
PURE ID: 11100591
888e730a-3aff-47b0-96d2-887ebc268616
ISSN: 20488963
ISBN: 9781912764327
DOI: 10.34190/KM.19.068
Appears in Collections:Научные публикации, проиндексированные в SCOPUS и WoS CC

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