Abstract:Facing the rapidly changing technology and market environment, high-tech companies need to make full use of their knowledge slack to improve competitiveness. However, knowledge slack is often attached to people and is not under the absolute control of the organization. It is a resource that is difficult to be used. This article uses a single case study method, based on the tournament theory, to analyze in detail the utilization mechanism of high-tech enterprise knowledge slack. The results of the study show that the core of the knowledge slack utilization mechanism lies in identifying and inspiring qualified personnel with knowledge slack utilization capabilities through new tournament: specifically, identifying qualified personnel in a new relative performance manner (ie, new competition targets and new winning methods); motivating qualified personnel in the form of new bonus structures (ie, new bonus incentives and internal property rights incentives). The above research conclusions provide a theoretical basis for how high-tech companies can use knowledge slack, and expand the research content and category of tournament theory.