Knowledge, learning, and innovation: research and perspectives

Purpose This introduction paper to the special issue on “The twenty‐first century knowledge‐based value drivers of innovation and sustainable development” aims to focus on such relationships between knowledge, learning, capabilities, innovation and competitive advantage in different forms of organization: businesses, clusters and regions. The purpose is to point out the conceptual pillars and contribute to the ongoing debate on: how knowledge assets impact organizational performance, what are the characteristics of such value‐generating processes, what factors affect the process of building organizational capabilities and distinctive competences, and how organizations translate specific capabilities into sustainable competitive advantages. Design/methodology/approach The article is based on a thorough analysis of the management literature addressing the nature, role and relevance of knowledge, organizational capabilities, learning and knowledge management for organization competitiveness. The conceptual background sets the foundations for a better understanding of the strategic importance of knowledge‐based value drivers for innovation and sustainable organizational value creation. Findings As knowledge management is establishing itself as a research discipline, it is fundamental to define the conceptual pillars grounding the application of knowledge management initiatives for innovation and business performance improvements. This paper provides a framework summarizing the key assumptions at the basis of understanding the strategic relevance of knowledge‐based value drivers for growth and competitiveness. Research limitations/implications In addressing some of the questions posed, this article provides some implications for future research that build on different perspectives and emphasize the importance of adopting multi‐disciplinary approaches to disentangle the complexities of how organizations convert knowledge resources to a long‐lasting competitive advantage. Originality/value This editorial presents the key conceptual pillars explicating the role of knowledge resources as building blocks of organizational capabilities and how firms can develop and maintain their competences by promoting and nurturing learning processes. The value of this paper is the definition of a conceptual framework outlining the relationships between knowledge management, organizational capabilities, organizational learning and competitiveness.