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Advantage SMI
A resource based view on knowledge management and
                 market orientation
Theoretical Background




                                       Advantage SMI
                            Overview




• Knowledge
   – Market Knowledge
   – Knowledge Management Processes
• Market orientation
• Innovative Capacity
Theoretical Background




                                                                        Advantage SMI
                               Knowledge


• Market Knowledge consists of:
   – New market knowledge creation (Kohli & Jaworski, 1993)
   – Existing market knowledge sharing across functions (Li & Calatone, 1998)
   – Existing market knowledge sharing among employees (Menon &
     Varadarajan, 1993)
• Knowledge Management processes are (Gold et al, 2001):
   –   Acquisition process
   –   Conversion process
   –   Application process
   –   Protection process
Theoretical Background




                                                                Advantage SMI
                            Market orientation




• Market orientation is composed of (Kohli & Jaworski, 1993):
   – Intelligence generation
   – Intelligence dissemination
   – Responsiveness
Theoretical Background




                                                                Advantage SMI
                           Innovative Capacity




• Innovative capacity consists of (Ledwith & O’Dwight, 2009):
   –   Market-level performance
   –   Financial performance
   –   Customer acceptance
   –   Product-level performance
   –   Timing
Hypotheses




                                                                                                        Advantage SMI
                                                Overview
1   a. The acquiring of new knowledge will increase intelligence generation
    b. Sharing of existing market knowledge across functions will increase intelligence dissemination
    c. Sharing of existing market knowledge among employees will increase intelligence dissemination
2   a. A better acquisition process will increase intelligence generation
    b. A better conversion process will increase responsiveness
    c. A better application process will increase responsiveness
3   a. Better intelligence generation will increase market-level success
    b. Better intelligence generation will increase financial success
    c. Better intelligence generation will increase customer acceptance
4   a. Better intelligence dissemination will increase market-level success
    b. Better intelligence dissemination will increase financial success
    c. Better intelligence dissemination will increase customer acceptance
5       Better responsiveness will increase timing
Hypotheses




                   Advantage SMI
Conceptual Model
Research Methodology




                                                             Advantage SMI
                             Research Design

• Quantative research
   – Focus on relationships between factors
   – No involvement of researcher
   – Sample size is too large for qualitative research
• Method is self-administrated survey
   –   Low-cost
   –   Researchers are not required during survey
   –   Best documented for later collaboration
   –   Respondents decide when to fill in the questionnaire
• Drawbacks
   – Response rate can be low
   – May not be too long or complex
Research Methodology




                                            Advantage SMI
                       Research Sample




• Entrepreneurs in the Groningen province
• Total sample +/- 100 entrepreneurs
Research Methodology




                                                                        Advantage SMI
                          Research Measures

• Market Knowledge:
   – The measures of the study by Wang et al. (2009) will be adapted to fit in
     this study
• Knowledge Management process:
   – Measures of the study by Gold et al. (2001) will be adapted and used.
     The fourth category of process (protection) will not be part of this
     research
• Market orientation
   – The MARKOR measurement scale (Kohli et al. 1993) will be used to
     measure market orientation
• Innovative Capacity
   – The measurement scale by Griffin & Page (1993) will be used to
     measure innovative capacity

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Knowledge Management, Market orientation, and Innovative Capacity Conceptualized

  • 1. Advantage SMI A resource based view on knowledge management and market orientation
  • 2. Theoretical Background Advantage SMI Overview • Knowledge – Market Knowledge – Knowledge Management Processes • Market orientation • Innovative Capacity
  • 3. Theoretical Background Advantage SMI Knowledge • Market Knowledge consists of: – New market knowledge creation (Kohli & Jaworski, 1993) – Existing market knowledge sharing across functions (Li & Calatone, 1998) – Existing market knowledge sharing among employees (Menon & Varadarajan, 1993) • Knowledge Management processes are (Gold et al, 2001): – Acquisition process – Conversion process – Application process – Protection process
  • 4. Theoretical Background Advantage SMI Market orientation • Market orientation is composed of (Kohli & Jaworski, 1993): – Intelligence generation – Intelligence dissemination – Responsiveness
  • 5. Theoretical Background Advantage SMI Innovative Capacity • Innovative capacity consists of (Ledwith & O’Dwight, 2009): – Market-level performance – Financial performance – Customer acceptance – Product-level performance – Timing
  • 6. Hypotheses Advantage SMI Overview 1 a. The acquiring of new knowledge will increase intelligence generation b. Sharing of existing market knowledge across functions will increase intelligence dissemination c. Sharing of existing market knowledge among employees will increase intelligence dissemination 2 a. A better acquisition process will increase intelligence generation b. A better conversion process will increase responsiveness c. A better application process will increase responsiveness 3 a. Better intelligence generation will increase market-level success b. Better intelligence generation will increase financial success c. Better intelligence generation will increase customer acceptance 4 a. Better intelligence dissemination will increase market-level success b. Better intelligence dissemination will increase financial success c. Better intelligence dissemination will increase customer acceptance 5 Better responsiveness will increase timing
  • 7. Hypotheses Advantage SMI Conceptual Model
  • 8. Research Methodology Advantage SMI Research Design • Quantative research – Focus on relationships between factors – No involvement of researcher – Sample size is too large for qualitative research • Method is self-administrated survey – Low-cost – Researchers are not required during survey – Best documented for later collaboration – Respondents decide when to fill in the questionnaire • Drawbacks – Response rate can be low – May not be too long or complex
  • 9. Research Methodology Advantage SMI Research Sample • Entrepreneurs in the Groningen province • Total sample +/- 100 entrepreneurs
  • 10. Research Methodology Advantage SMI Research Measures • Market Knowledge: – The measures of the study by Wang et al. (2009) will be adapted to fit in this study • Knowledge Management process: – Measures of the study by Gold et al. (2001) will be adapted and used. The fourth category of process (protection) will not be part of this research • Market orientation – The MARKOR measurement scale (Kohli et al. 1993) will be used to measure market orientation • Innovative Capacity – The measurement scale by Griffin & Page (1993) will be used to measure innovative capacity