The impact of knowledge management on the economic productivity of active projects in the stock exchange
Economic Annals-XXI: Volume 206, Issue (11-12), Pages: 18-23
Citation information:
Kosasih, Purnomo, H., Fadli, U. M. D., Albart, N., & Windianingsih, A. (2023).The impact of knowledge management on the economic productivity of active projects in the stock exchange. Economic Annals-XXI, 206(11-12), 18-23. doi: https://doi.org/10.21003/ea.V206-03
Kosasih
PhD (Management),
Department of Management,
Universitas Sangga Buana
Jl. Surapati No.189 Bandung, Jawa Barat, 40123, Indonesia
kosasih@usbypkp.ac.id
ORCID ID: https://orcid.org/0000-0003-0276-2458
Hadi Purnomo
PhD (Management),
Department of Management,
Universitas Mitra Bangsa
Pasar Minggu, South Jakarta, 12530, Indonesia
hadi.purnomo@stimaimmi.ac.id
ORCID ID: https://orcid.org/0009-0009-1776-0309
Uus Mohammad Darul Fadli
PhD (Management),
Department of Management,
Universitas Buana Perjuangan Karawang
Jl. HS.Ronggo Waluyo, Puseurjaya, Telukjambe Timur, Karawang, Jawa Barat, 41361, Indonesia uus.fadli@ubpkarawang.ac.id
ORCID ID: https://orcid.org/0000-0003-3313-3443
Nicko Albart
PhD (Finance),
Department of Management,
University of Paramadina (Universitas Paramadina)
Mampang Prapatan, South Jakarta, 12790, Indonesia
nicko.albart@paramadina.ac.id
ORCID ID: https://orcid.org/0009-0008-6191-6502
Agustin Windianingsih
MA (Management),
Department of Management,
Universitas Islam Jakarta
Jl. Balai Rakyat, Utan Kayu Utara, Kec. Matraman, Daerah Khusus Jakarta, 13120, Indonesia
agustinwindia@yahoo.com
ORCID ID: https://orcid.org/0009-0002-5813-4565
The impact of knowledge management on the economic productivity of active projects in the stock exchange
Abstract. Improving productivity is one of the important solutions for ensuring economic growth and increasing the competitiveness of enterprises in many successful countries which has played an important role in achieving of their production growth. On the other hand, the development of the stock exchange is considered one of the crucial tools for achieving sustainable economic growth and increasing productivity. The purpose of this research is to investigate the effect of the acceptance of companies in the stock exchange on the technical efficiency (productivity) of the said companies. In this regard, 156 companies active in the stock exchange of Indonesia during the past 3 years and after the admission to the stock exchange have been determined. The research results showed that there is a significant relationship between knowledge management and economic productivity, and knowledge management can improve the efficacy and knowledge productivity up to 15% and 20%, respectively. The economic productivity of knowledge-based projects is effective and has a direct relationship.
Keywords: Economics; Stock Exchange; Productivity; Knowledge Management; Company; Performance
JEL Classifications: Е24; Е41; Е64; I18; J28; J31
Acknowledgements and Funding: The authors received no direct funding for this research.
Contribution: The authors contributed equally to this work.
Data Availability Statement: The dataset is available from the author upon request.
DOI: https://doi.org/10.21003/ea.V206-03
References
- Arifin, Y., Putra, W., Maslikhah, Tongli, B., & Sholeh, M. (2023). The impact of green supply chain management on the economic performance of SMEs, considering environmental conditions. Economic Annals-XXI, 205(9-10), 34-38. https://doi.org/10.21003/ea.V205-03
- Dahiyat, S. E., Khasawneh, S. M., Bontis, N., & Al-Dahiyat, M. (2023). Intellectual capital stocks and flows: Examining the mediating roles of social capital and knowledge transfer. VINE Journal of Information and Knowledge Management Systems, 53(1), 11-42. https://doi.org/10.1108/VJIKMS-06-2020-0110
- Jordão, R. V. D., & Novas, J. C. (2024). Information and knowledge management, intellectual capital, and sustainable growth in networked small and medium enterprises. Journal of the Knowledge Economy, 15(1), 563-595. https://doi.org/10.1007/s13132-022-01043-5
- Kunica, Z., Poje, G., Mlivić, D., & Topolnjak, J. (2023). Conceptualization of Virtual Reality Experiments for Optimized Sinus Surgery Planning and Execution. International Journal of Industrial Engineering & Management, 14(1), 13-24. https://doi.org/10.24867/IJIEM-2023-1-321
- Latif, K. F., Nazeer, A., Shahzad, F., Ullah, M., Imranullah, M., & Sahibzada, U. F. (2020). Impact of entrepreneurial leadership on project success: mediating role of knowledge management processes. Leadership & Organization Development Journal, 41(2), 237-256. https://doi.org/10.1108/LODJ-07-2019-0323
- Ode, E., & Ayavoo, R. (2020). The mediating role of knowledge application in the relationship between knowledge management practices and firm innovation. Journal of Innovation & Knowledge, 5(3), 210-218. https://doi.org/10.1016/j.jik.2019.08.002
- Ojo, O., & Shittu, R. (2023). Design and finite element method based structural analysis of a pet bottles-to-plastic flakes recycling plant. International Journal of Industrial Engineering and Management, 14(1), 25-40. https://doi.org/10.24867/IJIEM-2023-1-322
- Paoloni, M., Coluccia, D., Fontana, S., & Solimene, S. (2020). Knowledge management, intellectual capital and entrepreneurship: a structured literature review. Journal of Knowledge Management, 24(8), 1797-1818. https://doi.org/10.1108/JKM-01-2020-0052
- Razmara, S., Barzamini, R., & AlirezaIzadi, N. J. (2022). A Hybrid Neural Network Approach for Congestion Control in TCP/IP Networks. Specialusis Ugdymas, 43(1), 8504-8518. http://sumc.lt/index.php/se/article/view/1260
- Stock, G. N., Tsai, J. Ch.-A., Jiang, J. J., & Klein, G. (2021). Coping with uncertainty: Knowledge sharing in new product development projects. International Journal of Project Management, 39(1), 59-70. https://doi.org/10.1016/j.ijproman.2020.10.001
- Vrontis, D., Christofi, M., Battisti, E., & Graziano, E. A. (2021). Intellectual capital, knowledge sharing and equity crowdfunding. Journal of Intellectual Capital, 22(1), 95-121. https://doi.org/10.1108/JIC-11-2019-0258
- Zhumashov, Ye., Azambayev, S., Bisenbaev, A., Yessenzharov, A., & Bulatbayeva, K. (2023). Economic efficiency in grant funding evaluations: streamlining knowledge-intensive applications in Kazakhstan. Economic Annals-XXI, 201(1-2), 73-83. https://doi.org/10.21003/ea.V201-07
Received 22.06.2023
Received in revised form 9.08.2023
Accepted 21.08.2023
Available online 29.12.2023