Knowledge Management and Entrepreneurship: A Contradictory Recipe

Most literature on knowledge management KM focuses on large firms-the domain in which KM was originally developed-and most KM literature on entrepreneurship focuses on entrepreneurial activities in post-revenue firms. The domain of the startup, however, is traditionally very different from these, characterized by a lack of tangible assets and validated value proposition. The authors review the literature on KM and entrepreneurship with a particular focus on young micro-enterprises that have yet to cross the "valley of death" stage of maturation. Using the Dynamic Knowledge Creation Process as a guide, they elaborate on the challenges facing the implementation of KM in startups, and on the subsequent opportunities for startup growth. Finally, the authors reflect upon research questions that may engage future researchers in proposing strategies that better integrate KM as a discipline into the fabric of entrepreneurship and the startup domain.

[1]  M. Polanyi Chapter 7 – The Tacit Dimension , 1997 .

[2]  James W. Carland,et al.  Differentiating Entrepreneurs from Small Business Owners: A Conceptualization , 1984 .

[3]  T. Stonier Beyond Information: The Natural History Of Intelligence , 1992 .

[4]  I. Nonaka,et al.  How Japanese Companies Create the Dynamics of Innovation , 1995 .

[5]  K. Wiig Knowledge management: Where did it come from and where will it go? , 1997 .

[6]  Sergio Verdú,et al.  Fifty Years of Shannon Theory , 1998, IEEE Trans. Inf. Theory.

[7]  T. Das,et al.  Time and Entrepreneurial Risk Behavior , 1998 .

[8]  Liam Fahey,et al.  The Eleven Deadliest Sins of Knowledge Management , 1998 .

[9]  I. Nonaka,et al.  SECI, Ba and Leadership: a Unified Model of Dynamic Knowledge Creation , 2000 .

[10]  Roelof P. uit Beijerse Knowledge management in small and medium-sized companies: knowledge , 2003 .

[11]  Laurence Prusak,et al.  Where did knowledge management come from? , 2001, IBM Syst. J..

[12]  M. Frese,et al.  The Psychology of Entrepreneurship , 2014 .

[13]  R. Rowden The relationship between workplace learning and job satisfaction in U.S. small to midsize businesses , 2002 .

[14]  Hean Tat Keh,et al.  Opportunity Evaluation under Risky Conditions: The Cognitive Processes of Entrepreneurs , 2002 .

[15]  Z. Ács,et al.  Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction (International Handbook Series on Entrepreneurship) , 2003 .

[16]  L. Murphy,et al.  Bridging the Valley of Death: Transitioning from Public to Private Sector Financing , 2003 .

[17]  Richard N. Cardozo,et al.  A theory of entrepreneurial opportunity identification and development , 2003 .

[18]  Max Boisot,et al.  Crossing epistemological boundaries: Managerial and entrepreneurial approaches to knowledge management , 2004 .

[19]  Sean M. Hackett,et al.  A Systematic Review of Business Incubation Research , 2004 .

[20]  J. Hayton Competing in the New Economy: The Effect of Intellectual Capital on Corporate Entrepreneurship in High-Technology New Ventures , 2005 .

[21]  J. Lambooy Innovation and knowledge: Theory and regional policy , 2005 .

[22]  Roy Woodhead,et al.  Application of knowledge management in production management , 2005 .

[23]  Z. Ács,et al.  The knowledge spillover theory of entrepreneurship , 2005 .

[24]  Elaine Aspinwall,et al.  An empirical study of the important factors for knowledge-management adoption in the SME sector , 2005, J. Knowl. Manag..

[25]  David M. Kennedy,et al.  Managing Intellectual Capital and Intellectual Property within Software Development Communities of Practice , 2006 .

[26]  J. Cope,et al.  Social Capital and Entrepreneurship , 2007 .

[27]  Sang M. Lee,et al.  Managing Knowledge capabilities for strategy implementation effectiveness , 2007, Int. J. Knowl. Manag..

[28]  R. Ireland,et al.  Stimulating dynamic value: social capital and business incubation as a pathway to competitive success , 2007 .

[29]  Andrew C. Corbett Learning asymmetries and the discovery of entrepreneurial opportunities , 2007 .

[30]  S. Woolf The meaning of translational research and why it matters. , 2008, JAMA.

[31]  D. Audretsch,et al.  Clusters, knowledge spillovers and new venture performance: An empirical examination , 2008 .

[32]  E. Chell The Entrepreneurial Personality: A Social Construction , 2008 .

[33]  M. J. Donate,et al.  Knowledge management for corporate entrepreneurship and growth: a case study , 2008 .

[34]  I. Gil,et al.  The impact of knowledge management on innovation and entrepreneurship in the biotechnology and telecommunications industries , 2009 .

[35]  Brett R. Smith,et al.  Differences in Entrepreneurial Opportunities: The Role of Tacitness and Codification in Opportunity Identification** , 2009 .

[36]  P. Formica,et al.  Knowledge-Driven Entrepreneurship: The Key to Social and Economic Transformation , 2009 .

[37]  Ming-Tien Tsai,et al.  Entrepreneurial orientation and firm performance: The role of knowledge creation process , 2009 .

[38]  Barrie E. Litzky,et al.  Why Networks Enhance the Progress of New Venture Creation: The Influence of Social Capital and Cognition , 2009 .

[39]  Stephen Ward,et al.  The Valley of Death as Context for Role Theory in Product Innovation , 2010 .

[40]  Todd Saxton,et al.  Failure to advance: resource logic for early venture failure , 2010 .

[41]  Giulia Venturi,et al.  Legal Language and Legal Knowledge Management Applications , 2010, Semantic Processing of Legal Texts.

[42]  Luca Pirolo,et al.  The Impact of Social Capital on the Start-ups’ Performance Growth , 2010 .

[43]  Mark C. Casson Entrepreneurship, Business Culture and the Theory of the Firm , 2010 .

[44]  Eric Ries The lean startup : how today's entrepreneurs use continuous innovation to create radically successful businesses , 2011 .

[45]  A. Zehrer Knowledge management in tourism – the application of Grant's knowledge management model to Austrian tourism organizations , 2011 .

[46]  M. Khalid,et al.  Book Review: The Seven Habits of Highly Effective People; Powerful Lessons in Personal Change , 2011 .

[47]  Stefan Wilhelm,et al.  Journal of Knowledge Management Knowledge management and succession planning in SMEs , 2017 .

[48]  Susanne Durst,et al.  Knowledge Management in SMEs: A Literature Review , 2012, J. Knowl. Manag..

[49]  I. Chaston Entrepreneurship and knowledge management in small service-sector firms , 2012 .

[50]  C. Gaimon,et al.  Knowledge Management for the Entrepreneurial Venture , 2013 .

[51]  Hanadi Mubarak Al-Mubaraki,et al.  Business Incubation as an Economic Development Strategy: A Literature Review , 2013 .

[52]  Fiona E. Murray,et al.  A Tale of Two Entrepreneurs: Understanding Differences in the Types of Entrepreneurship in the Economy , 2013 .

[53]  D. De Clercq,et al.  Organizational Social Capital, Formalization, and Internal Knowledge Sharing in Entrepreneurial Orientation Formation , 2013 .

[54]  Pankaj C. Patel,et al.  The Influence of Changes in Social Capital on Firm–Founding Activities , 2013 .

[55]  E. Douglas Reconstructing entrepreneurial intentions to identify predisposition for growth , 2013 .

[56]  I. Edvardsson,et al.  Does Knowledge Management Deliver the Goods in SMEs , 2013 .

[57]  Bogusław Bembenek,et al.  KNOWLEDGE MANAGEMENT IN INDUSTRY CLUSTERS AS AN INDICATION OF ENTREPRENEURSHIP , 2014 .

[58]  Helena Garbarino Alberti,et al.  Knowledge management steps, tools, techniques and influencing factors in SMEs: Systematic literature review , 2014, CLEI.

[59]  Ulla De Stricker Knowledge management practice in organizations : the view from inside , 2014 .

[60]  M. Salehi,et al.  A Study of the Driving Factors of Knowledge Management and Corporate Entrepreneurship in Iran , 2014 .

[61]  Clinton S. Weeks,et al.  Shouting from the Ivory Tower: A Marketing Approach to Improve Communication of Academic Research to Entrepreneurs , 2014 .

[62]  Lowell W. Busenitz,et al.  Entrepreneurship Research (1985–2009) and the Emergence of Opportunities , 2014 .

[63]  T. Elfring,et al.  Social Capital of Entrepreneurs and Small Firm Performance: A Meta-Analysis of Contextual and Methodological Moderators , 2014 .

[64]  Yu Cui,et al.  Building entrepreneurs’ innovativeness through knowledge management: the mediating effect of entrepreneurial alertness , 2014, Technol. Anal. Strateg. Manag..

[65]  M. Mckelvey,et al.  Knowledge management processes and the formation of entrepreneurial opportunities , 2016 .

[66]  António Lucas Soares,et al.  Information, knowledge and collaboration management in the internationalisation of SMEs: A systematic literature review , 2016, Int. J. Inf. Manag..

[67]  Maria Rosaria Spadaro,et al.  A literature review on knowledge management in SMEs , 2016 .

[68]  Bird Schoonhoven Claudia,et al.  Regions as Industrial Incubators of Technology-based Ventures , 2017 .