Innovation management includes the management of processes to strive for novel assignments through the combination and integration of different knowledge components. Besides, next to explicit knowledge, tacit knowledge has a crucial influence on the success of innovation processes in companies. The sole application of tacit knowledge cannot guarantee an effective innovation process as organizational knowledge for innovation is created through a continuous dialogue between tacit and explicit knowledge, where four different modes of knowledge conversion can be postulated. Tacit knowledge is mobilized through a dynamic combination of the different modes of knowledge conversion in a process, which can be called a “spiral model” of knowledge creation. Tacit knowledge is an important driver in the innovation process and its application has significant impact on the innovation process and, therefore, plays a prominent role as a company resource and success factor. Compared to the work on explicit knowledge, the management of tacit knowledge is relatively unexplored. The authors of this paper want to assess the significance and implications of tacit knowledge in the innovation process. Therefore, it is essential to understand the different approaches of tacit knowledge in knowledge management and innovation management literature, and its assigned characteristics. The purpose of this paper is to structure the existing research by identifying the underlying dimensions. The role of tacit knowledge in innovation management is explored; creation, availability and transfer of tacit knowledge within the organization are discussed, and examples of barriers to generating and sharing tacit knowledge are given. Based on this literature review the authors have developed an integrated model describing the impact of tacit knowledge on successful innovation management. Key levers for tacit knowledge management have been identified and the positive impact of tacit knowledge on innovation success is analysed. In a next step, this model will be tested by an empirical study. Finally, suggestions for future research are discussed. |