A Study on External Knowledge, Knowledge Management Capability and Corporate Performance

In general, it is difficult for enterprises to establish adequate knowledge transparency in their internal organization and to cope with the knowledge development occurring in the external environment. Furthermore, when the external knowledge is acquired and stored, the organization should share it with the staff for knowledge extension, transformation, and eventually innovative creation. Thus, how to enhance the external knowledge acquired through knowledge management capability for improving the corporate performance has become a significant issue. However, there is few literatures on the relationship among external knowledge, knowledge management capability and corporate performance. Hence, this research applies the following methods such as literature review, case analysis, and collecting opinions from the experts to propose a conceptual framework to illustrate the relationship among external knowledge, knowledge management capability and corporate performance. Moreover, this study investigates how enterprises apply this framework to enhance their corporate performance.