Abstract:

Knowledge creation is a necessity for organizations in nowadays' rapid-change competitive environment. Any corporation that desires to do extremely well at KM, requires to promote its knowledge creation processes, both at the individual and at the group level. The theory of organizational knowledge creation (OKC) has advanced quickly in academia and practice and been extensively dispersed in management science during the last 19 years. The objective of this paper is to examine the development of the theory of knowledge creation in an abbreviated manner. This article evaluates the theory’s essential elements and tries to recognize the developing paths used by academic work that takes the theory as a point of departure. In other words, some highlighted point can be seen about this globalized theory, and we try to introduce these points as well. Nevertheless, through past years the theory has been faced with various arguments and critiques, and it really promoted to tackle these problems. Our investigation, showed three main revolutions in the life of theory. These revolutions were entitled as first, second and third generation OKC theories. First generation theory encompasses epistemology of knowledge, knowledge conversion process, knowledge assets and OKC enablers. Second generation OKC theory includes some more components which consists of Ba, and knowledge vision. And finally, the third revolution added some other new parts to the theory like the definition of knowledge-based theory, driving objective, dialogues, practice, environment, and knowledge leadership. Moreover, this article recommends beneficial domains in which future study can move forward the organizational knowledge creation theory and its usage.