Literature Review on Michael Polanyi and Knowledge Management

Description of the Assessment

You are asked to provide a critical literature review and a critique of the models/frameworks on Polanyi (Michael Polanyi). Also, you are required to show the progression of his studies on knowledge management (KM) over many years. In your indepth review and examination of the existing literature, you are expected to use relevant materials from a range of sources, including textbooks, journal articles, conference proceedings etc., when formulating your essay to answer the above. In addition, you need to show that a module/framework of Polanyi has been used in an innovation.

There is no single right answer, but your analysis and evaluation should be backed up with appropriate evidence where necessary. Use the recommended text books for the module and course materials on Blackboard (BB) as a starting point to get some initial orientation.

Your answer should meet the following criteria

1) Knowledge: Evidence of reading in the area of Innovation and Knowledge Management.

2) Understanding: Use of Normative literature to explain the conceptual aspects of Innovation and Knowledge Management.

3) Analysis: Synthesis of literature with practical examples to emphasise important issues and to explain how Knowledge Management can or has facilitated Innovation in the industry, e.g. the Japanese industries.

4) Evaluation: Use of the literature, practical examples and own opinions to draw

conclusions and justify arguments offered to discuss the impact of knowledge management on innovation in the industry, e.g. the Japanese industries. You are expected to use relevant materials from a range of sources, including, journal articles, textbooks and conference proceedings when formulating your essay to answer the above question. There is no single right answer, but your critical analysis and evaluation should be backed up with appropriate evidence where necessary. Use the recommended text books for the module and course materials on WISEflow as a starting point to get some initial orientation.

It is recommended that, if you are using material from secondary sources such as websites, you should use these sources with care (i.e. you may cite very few selected relevant websites). How this Coursework Assignment Relates to the Module Learning Outcomes As outlined in the module study guide (available on WISEflow), this coursework assignment provides opportunities to develop and demonstrate knowledge and understanding, qualities, skills and other attributes in the following areas:

• Understand key concepts and theories relating to the nature and process of knowledge creation and transfer within organisations and the wider economy (Learning Outcome 1).

• Understand the nature of the knowledge-based economy and its impact on management practices and the ability of organisations to develop innovations (Learning Outcome 2). Other Skills and Attributes (Practical/Professional/Transferable)

• Report concepts and ideas coherently and succinctly in writing (Learning Outcome 5).

Assignment Format and Layout

The coursework should be typed using 12 pt. Times New Roman Text with line spacing of 1.5. The word limit is (excluding references) and should not be exceeded. Please note that assignments below or above the limit by more than 10% would result in decrease in the overall achieved mark by 10%. You should include at least 20 references. Your submission should have a title page clearly indicating the Module Code, your Registration Number and the Word Count of the essay.