Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)

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Knowledge Management Process in Pharmaceutical Companies: Role of Innovation on Organizational Performance

Authors
R. Priyavarsha1, *, S. Sudha1
1School of Management Studies, VISTAS, Chennai, India
*Corresponding author. Email: rpriyavarsha@gmail.com
Corresponding Author
R. Priyavarsha
Available Online 20 February 2024.
DOI
10.2991/978-94-6463-374-0_79How to use a DOI?
Keywords
Knowledge Management; Innovation; Pharmaceutical companies; Organization performance
Abstract

In the dynamic landscape of the pharmaceutical industry, knowledge management plays a pivotal role in shaping the organizational performance of companies. This paper explores the multifaceted relationship between knowledge management processes and innovation, highlighting their profound influence on the overall performance of pharmaceutical organizations. It delves into the intricate mechanisms through which knowledge is acquired, shared, and leveraged within these companies, fostering innovation, and ultimately driving enhanced performance. The research highlights how innovation is sparked by knowledge management, serving as a bridge between the wealth of information available in the industry and its transformation into novel drugs, therapies, and business strategies of selected pharma companies through knowledge management and innovation. This research study investigates the dynamic interplay between knowledge acquisition, dissemination, application, innovation, and organizational performance within selected pharmaceutical companies. In the context of the ever-evolving pharmaceutical industry, where scientific breakthroughs and novel therapies are paramount, the role of knowledge in encouraging innovation and, consequently, influencing organizational performance is of particular interest.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
20 February 2024
ISBN
978-94-6463-374-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-374-0_79How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - R. Priyavarsha
AU  - S. Sudha
PY  - 2024
DA  - 2024/02/20
TI  - Knowledge Management Process in Pharmaceutical Companies: Role of Innovation on Organizational Performance
BT  - Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
PB  - Atlantis Press
SP  - 906
EP  - 919
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-374-0_79
DO  - 10.2991/978-94-6463-374-0_79
ID  - Priyavarsha2024
ER  -