The paper aims to summarize important findings on knowledge management (KM) and new product development (NPD). Also, it seeks to propose an integrative framework on KM and NPD.
The authors review the literature on KM and NPD, and derive common themes behind these research streams. Based on such themes, they build a conceptual framework integrating the two areas.
Based on the literature review, this paper argues that seemingly distinctive research streams, KM and NPD, are eventually another form of innovation to cope with external volatility.
The paper hints that various managerial theories and approaches may, in fact, address similar issues and that it is possible to develop a comprehensive framework without losing distinctive features.
The paper attempts to derive common themes from two separate research streams and to propose a comprehensive and simplified view. A proposed framework can be an introductory guideline for those considering a more thorough investigation on management theories.
