Intellectual capital in Society 5.0 by the lens of the knowledge creation theory
Journal of Intellectual Capital
ISSN: 1469-1930
Article publication date: 26 March 2021
Issue publication date: 27 April 2021
Abstract
Purpose
This paper reviews the development of knowledge creation theory in the last quarter-century and how it has contributed to innovation management and looks into social and human aspects of innovation in the era of “Society 5.0”.
Design/methodology/approach
This research aims to relate basic theoretical concepts: knowledge creation and knowledge assets, purpose, leadership, and place (Ba) for innovation to drive innovation and its management as a whole ecosystem. It also discusses the application to innovation management systems open innovation, and social innovation.
Findings
Today's innovation demands socio-economic fusion that goes beyond current corporate boundaries. By preparing the system (knowledge ecosystem) as the basis, we could build the bridge, and such fusion would be possible.
Research limitations/implications
This paper shows the framework of the idea. Evidence-based research based on “knowledge assessment” will be discussed on another occasion.
Originality/value
This research is to explain knowledge management, innovation, and social innovation beyond the corporate framework.
Keywords
Citation
Konno, N. and Schillaci, C.E. (2021), "Intellectual capital in Society 5.0 by the lens of the knowledge creation theory", Journal of Intellectual Capital, Vol. 22 No. 3, pp. 478-505. https://doi.org/10.1108/JIC-02-2020-0060
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited