Page 156 - DMGT522_SERVICES MANAGEMENT
P. 156

Unit 7: Delivering Services on the Web




            which require increasing attention of management, if not the entire organisation. Knowledge  Notes
            form critical success factors related to a firm’s ability to create, develop, accumulate, and diffuse
            specialised knowledge. This suggests that knowledge management within the context of
            innovations management is an inter-firm as much as an intra-firm activity and is of primary
            managerial responsibility.
            R&D as Networks: The role of networks in the development of high growth companies has been
            well. It is from these networks that firms identify needed resources such as:
            1.   R&D,
            2.   Financial resources,

            3.   Management,
            4.   Distribution, and
            5.   Markets.
            The importance of Interacting through networking in innovation processes point at the process
            of creating, developing, and sharing knowledge. Innovation networks are a system of
            interrelationships that are unfixed, flexible, informal, sometimes even implicit, decomposable,
            and can be combined and recombined in a wide variety of necessary configurations. The networks
            facilitate knowledge creation, sharing, and acquisition and sharing of other resources as well.

            R&D as Product Development: R&D within the traditional corporate value chain has been
            regarded as a function closely related to product development or manufacturing. However,
            there are indications that this is changing through the introduction of knowledge management
            and the fact that R&D is more often performed within networks across traditional corporate
            boundaries, focus their research on the interaction of marketing and the R&D interface.
            Additionally, customers are rising as potential innovators, which should be included into the
            R&D process as early as possible.
            R&D as Relationship Marketing: Based on the above discussion we suggest in this paper that a
            more market- and customer-oriented approach to R&D could be obtained by applying a radically
            different view of R&D activities. We propose adopting a service management perspective to
            R&D processes. More specifically we propose a relationship marketing approach based on the
            Nordic school of thought the technological changes, which to our minds have contributed to
            making R&D and innovations management relational.

            Self Assessment


            State True or False:
            1.   A firm’s ability to innovate has been studied looking at the relationship between firm size
                 and R&D productivity.

            2.   More recently R&D has been explicitly linked to knowledge management and organisational
                 learning.
            3.   Buyer – seller relationship have always been at the heart of marketing and it seems
                 obvious that the field of marketing will be able to provide some solutions with respect to
                 relationship management within technology firms.
            4.   Recent scientific advances meant escalating knowledge intensity and an increasing demand
                 for high specific skills within new areas such as genetics, genetic engineering, bio-medical
                 engineering, or molecular biology.





                                             LOVELY PROFESSIONAL UNIVERSITY                                  151
   151   152   153   154   155   156   157   158   159   160   161