Value Creation through Knowledge Sharing and Innovation in IT Industry

Abstract

The main aim is to review and conceptually understand knowledge sharing and innovation in the Information technology industry (IT) and its impact on organizational performance of the employees. Management of knowledge focuses on retaining of the knowledge, innovation and creation of value. It is a tool used in many organizations to improve the performance of the organization through strategic decision making. Through the help of field survey, primary data was collected and descriptive analysis and correlation analysis technique was applied to understand the association of Knowledge Management (KM) techniques with other variables identified from the study like knowledge sharing, storage of knowledge, transfer of updates, organizational learning and organizational culture etc. The findings suggest that indicators like group meetings, taking courses related to a pertinent area, activities involving team are some of the formal channels of knowledge sharing and they need to be implemented in the organization.