Creating Knowledge Through Collaboration 1

Increasingly, the creation of new organizational knowledge is becoming a managerial priority. New knowledge provides the basis for organizational renewal and sustainable competitive advantage. ² A failure to create knowledge and manage it as a critical organizational asset may account for the declining performance of many well-established firms. However, our understanding of the organizational processes surrounding knowledge creation and management is rather limit d. By examining knowledge creation through alliance strategies, this article provides insights into how firms manage knowledge. Understanding the process by which new knowledge is created poses a fundamental challenge to the development of a learning organization. ³