Authors :
Jumana NP; Dr. K. Samsudheen
Volume/Issue :
Volume 9 - 2024, Issue 3 - March
Google Scholar :
https://tinyurl.com/mw2ucb9h
Scribd :
https://tinyurl.com/44rddp7f
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAR1719
Abstract :
Purpose:
The purpose of the study is to point out the
importance of knowledge management in startup
companies. For this, four knowledge management
processes—knowledge acquisition, conversion,
application, and protection—that may have an impact on
startup companies' performance are closely examined.
Design, Methodology, and Approach:
The empirical research was conducted by
participating 250 startup companies that are registered in
the Kerala startup mission from 2015 to 2020, and
structural equation modeling (SEM) was applied to
determine the relationship between the knowledge
management process and startup performance.
Findings:
The study supports the resource-based view theory
by stating that knowledge management is essential for
newly established ventures. It has been found that both
knowledge conversion and protection play significant
roles in the performance of startup companies. While
acquisition and application are insignificant.
Social Implication:
This study has several implications, one of which is
that institutions and government bodies should focus on
implementing knowledge management strategies.
Research Limitation:
The study has some drawbacks, including the fact
that it only included 250 startup companies from Kerala
and had a limited sample size. Therefore, generalizations
in a global setting are challenging. Second, other
intangible assets that fall beyond the scope of the study
also have an impact on how well startup businesses
perform.
Originality or Value:
The study gives startup founders insight into how
knowledge management is important at each stage of
their firm's life cycle and affects their ability to raise
startup funding.Paper Type: Research Paper
Keywords :
Knowledge Management, Startup Companies, Structural Equation Modeling, Performance.
Purpose:
The purpose of the study is to point out the
importance of knowledge management in startup
companies. For this, four knowledge management
processes—knowledge acquisition, conversion,
application, and protection—that may have an impact on
startup companies' performance are closely examined.
Design, Methodology, and Approach:
The empirical research was conducted by
participating 250 startup companies that are registered in
the Kerala startup mission from 2015 to 2020, and
structural equation modeling (SEM) was applied to
determine the relationship between the knowledge
management process and startup performance.
Findings:
The study supports the resource-based view theory
by stating that knowledge management is essential for
newly established ventures. It has been found that both
knowledge conversion and protection play significant
roles in the performance of startup companies. While
acquisition and application are insignificant.
Social Implication:
This study has several implications, one of which is
that institutions and government bodies should focus on
implementing knowledge management strategies.
Research Limitation:
The study has some drawbacks, including the fact
that it only included 250 startup companies from Kerala
and had a limited sample size. Therefore, generalizations
in a global setting are challenging. Second, other
intangible assets that fall beyond the scope of the study
also have an impact on how well startup businesses
perform.
Originality or Value:
The study gives startup founders insight into how
knowledge management is important at each stage of
their firm's life cycle and affects their ability to raise
startup funding.Paper Type: Research Paper
Keywords :
Knowledge Management, Startup Companies, Structural Equation Modeling, Performance.
