Japanese companies revolutionize innovation with dynamic knowledge creation process
Japanese companies are successful because they are good at creating and sharing knowledge within their organizations. Knowledge is crucial for competitiveness, and it is constantly being created and used in a dynamic way. There are different types of knowledge, like explicit (written down) and tacit (unspoken), which interact to create new ideas. Japanese companies excel at turning hidden knowledge into clear information. The study shows that traditional management styles are not as effective as a new structure that encourages knowledge creation. The goal is to develop a universal model of company management based on successful practices in Japan.