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The effects of knowledge management on innovative success – An empirical analysis of German firms |
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| Authors: | Uwe Cantner Kristin Joel Tobias Schmidt |
| Institution: | aFriedrich Schiller University Jena, Chair of Economics/Microeconomics, Carl-Zeiß-Straße 3, 07745 Jena, Germany;bUniversity of Southern Denmark, Department of Marketing and Management, I2M Group, Campusvej 55, DK-5230 Odense M, Denmark;cDeutsche Bundesbank, Economic Research Centre, Wilhelm-Epstein-Straße 14, D-60431 Frankfurt am Main, Germany |
| Abstract: | The aim of this paper is to analyse the effects of knowledge management on the innovation success of firms in Germany. We look at innovative firms in the period from 2000 to 2002 taken from the Mannheim Innovation Panel and estimate the effect of collaborative measures of knowledge management on the immediate economic success of different types of innovations. The results of our matching analysis reveal that firms which apply knowledge management perform better in terms of higher-than-average shares of turnover with innovative products compared to their twins. We do not find a significant effect of knowledge management on the share of cost reductions with process innovation. |
| Keywords: | JEL classification: O32 L23 L25 M11 |
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