Shared Domain Knowledge and its Influence on the Success of Application of New Technologies and Solutions

The present moment is characterized by a permanent development of new technologies and solutions which presuppose a global knowledge. In this matter, the decision maker's shared knowledge of the domain and its usage has a strong influence on the success in its practical business application. The designed model consists of four constructs (shared domain knowledge, attitude, planning and financing). The model is a result of a statistical analysis of the scientific research of the strategic planning of an integrated business- information system (SP-IBIS). The research participants were 61, 6% of the university and other higher education institution managers of the Republic of Croatia. It was proven that shared domain knowledge is the most influential factor for long-term alignment, for strategic decision- making on the application of new technologies and solutions, and which can be initially used when applying other solutions - such as WSN application in healthcare.