How has Japan become a major economic power, a world leader in the automotive and electronics industries? What is the secret of their success? The consensus has been that, though the Japanese are not particularly innovative, they are exceptionally skilful at imitation, at improving products that already exist. But now two leading Japanese business experts, Ikujiro Nonaka and Hiro Takeuchi, turn this conventional wisdom on its head: Japanese firms are successful, they contend, precisely because they are innovative, because they create new knowledge and use it to produce successful products and technologies. Examining case studies drawn from such firms as Honda, Canon, Matsushita, NEC, 3M, GE, and the U.S. Marines, this book reveals how Japanese companies translate tacit to explicit knowledge and use it to produce new processes, products, and services.

The knowledge-creating company : how Japanese companies create the dynamics of innovation

How have Japanese companies become world leaders in the automotive and electronics industries, among others? What is the secret of their success? Two leading Japanese business experts, Ikujiro Nonaka and Hirotaka Takeuchi, are the first to tie the success of Japanese companies to their ability to create new knowledge and use it to produce successful products and technologies. In The Knowledge-Creating Company, Nonaka and Takeuchi provide an inside look at how Japanese companies go about creating this new knowledge organizationally. The authors point out that there are two types of knowledge: explicit knowledge, contained in manuals and procedures, and tacit knowledge, learned only by experience, and communicated only indirectly, through metaphor and analogy. U.S. managers focus on explicit knowledge. The Japanese, on the other hand, focus on tacit knowledge. And this, the authors argue, is the key to their success--the Japanese have learned how to transform tacit into explicit knowledge. To explain how this is done--and illuminate Japanese business practices as they do so--the authors range from Greek philosophy to Zen Buddhism, from classical economists to modern management gurus, illustrating the theory of organizational knowledge creation with case studies drawn from such firms as Honda, Canon, Matsushita, NEC, Nissan, 3M, GE, and even the U.S. Marines. For instance, using Matsushita's development of the Home Bakery (the world's first fully automated bread-baking machine for home use), they show how tacit knowledge can be converted to explicit knowledge: when the designers couldn't perfect the dough kneading mechanism, a software programmer apprenticed herself withthe master baker at Osaka International Hotel, gained a tacit understanding of kneading, and then conveyed this information to the engineers. In addition, the authors show that, to create knowledge, the best management style is neither top-down nor bottom-up, but rather what they call "middle-up-down," in which the middle managers form a bridge between the ideals of top management and the chaotic realities of the frontline. As we make the turn into the 21st century, a new society is emerging. Peter Drucker calls it the "knowledge society," one that is drastically different from the "industrial society," and one in which acquiring and applying knowledge will become key competitive factors. Nonaka and Takeuchi go a step further, arguing that creating knowledge will become the key to sustaining a competitive advantage in the future. Because the competitive environment and customer preferences changes constantly, knowledge perishes quickly. With The Knowledge-Creating Company, managers have at their fingertips years of insight from Japanese firms that reveal how to create knowledge continuously, and how to exploit it to make successful new products, services, and systems.

The knowledge-creating company

Industry 4.0: A Survey on Technologies, Applications and Open Research Issues

Rapid advances in industrialisation and informatisation methods have spurred tremendous progress in developing the next generation of manufacturing technology. Today, we are on the cusp of the Fourth Industrial Revolution. In 2013, amongst one of 10 ‘Future Projects’ identified by the German government as part of its High-Tech Strategy 2020 Action Plan, the Industry 4.0 project is considered to be a major endeavour for Germany to establish itself as a leader of integrated industry. In 2014, China’s State Council unveiled their ten-year national plan, Made-in-China 2025, which was designed to transform China from the world’s workshop into a world manufacturing power. Made-in-China 2025 is an initiative to comprehensively upgrade China’s industry including the manufacturing sector. In Industry 4.0 and Made-in-China 2025, many applications require a combination of recently emerging new technologies, which is giving rise to the emergence of Industry 4.0. Such technologies originate from different disciplines ...

Industry 4.0: state of the art and future trends

Rural development: putting the last first

This article is focused on the importance and influence of Industry 4.0 and consequently the Internet-connected technologies for the creation of value added for organizations and society. The contribution of the article is mainly conceptual. With the development of the Internet, the Internet of things that is central to the new industrial revolution has led to “Industry 4.0.” The aim of this article is to synthesize the known theory and practices of Industry 4.0, and to investigate the changes that will result from Industry 4.0 and with the development of the Internet of things.

https://journals.sagepub.com/doi/pdf/10.1177/2158244016653987

A Complex View of Industry 4.0

Purpose – The purpose of this paper is to investigate the significance of Web 2.0 and social media for organizational development and adaptation to an ever‐changing business environment and its successful managing. A model is proposed based on the concepts of innovative economy, knowledge management and social media for value creation in knowledge‐based industries.Design/methodology/approach – The paper examines critical factors that influence the role of social media in organizational change and value creation in knowledge‐based industries.Findings – The paper contributes to discussion about the increasingly important role of social media in the value added chain in knowledge‐based industries.Research limitations/implications – Social media are still an emerging phenomenon and further studies are required to investigate these relationships over a longer period of time.Practical implications – The topic is relevant for designing corporate strategies in knowledge‐based companies becoming a part of global n...

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The impact of social media to value added in knowledge‐based industries

This paper aims to present how contemporary students are self-organizing using smart technologies (ST) and the future social implications of ST. The research model is based on the concepts of the soft system methodology, social systems thinking, innovative smart systems, and cybernetic and knowledge management.,The study contains elements of exploratory and descriptive case studies. Narrative analysis and interpretation of the collected data have been carried out.,Students mostly use ST to save time when studying and in their free time. Students are surprised by how ST developed and are cautious when imagining how the technology will change and affect their lives. They are concerned regarding several ethical dilemmas of using it, such as privacy and spending time with their loved ones and friends. Students perceive their self-organization in the future as very dependent on the availability of ST in institutional settings (e.g. education and business process) as well as their personal lives. Students discuss their present perceptions about what the future will be and note that social system will be more dynamic in terms of socialization, and loss of personal contact with their friends and family is seen as the main threat.,The research is qualitative, and the questionnaire was carried out among business students at the Faculty of Economics, University of Ljubljana, Slovenia.,The paper offers an understanding of the usage of ST among business students. This study provides a road map of a few possible ways for usage of ST among students. The topic is also relevant for human resource managers, technology developers and marketing strategists for their better understanding of the behaviour of young people using ST in professional or private environments.,The findings can be useful for professors in identifying different learning methods that are useful for their students.,The authors offer conceptualizations of ST within the social innovation framework and provide a contemporary understanding young people’s ST usage.

Smart technologies as social innovation and complex social issues of the Z generation

Purpose – The purpose of this paper is to supply indications that may be useful in the process of development of new products that fully exploit the value potential of Internet of Things (IoT) technologies in the automotive industry. To this aim, the authors investigate how applications of the IoT to smart vehicles are perceived by consumers and describe different ways to increase their satisfaction. Design/methodology/approach – After a literature review focused on IoT and consumer behaviour in the automotive industry, the authors apply the Kano model to find the drivers for achieving customer satisfaction with new product developments in smartcars. Findings – Automotive companies need to consider what is attractive to drivers and what consumers consider to be “driver-friendly”. Using an empirical analysis, the authors highlight the motivations for developing a smartcar to fits the expectation of Italian drivers. Research limitations/implications – While the global framework given by this paper can be us...

Click and drive: Consumer attitude to product development: Towards future transformations of the driving experience

(1) Background: The importance of this article is to analyze the technological developments in the field of the Internet and Internet technologies and to determine their significance for sustainable development, which will result in the emergence of Society 5.0. (2) The authors used automated content analysis for the analysis of 552 articles published in 306 scientific journals indexed by SCII and/or SCI - EXPANDED (Web of Science (WOS) platform). The goal of the research was to present the relationship between the Internet and sustainable development. (3) Results: The results of the analysis show that the top four most important themes in the selected journals were “development”, “information”, “data”, and “business and services”. (4) Conclusions: Our research approach emphasizes the importance of the culmination of scientific innovation with the conceptual, technological and contextual frameworks of the Internet and Internet technology usage and its impact on sustainable development and the emergence of the Society 5.0.

Vasja Roblek

Papers

A Complex View of Industry 4.0

The impact of social media to value added in knowledge‐based industries

Smart technologies as social innovation and complex social issues of the Z generation

Click and drive: Consumer attitude to product development: Towards future transformations of the driving experience

The Interaction between Internet, Sustainable Development, and Emergence of Society 5.0