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Do networks really foster innovation?

Do networks really foster innovation? Warns that although technology and innovation are often the key drivers in the formation of business partnerships and networks, reflecting the parallel relationship between the institutional set and the technological set, the formation of tightly knit networks of relationships often entails drawbacks and hazards like increasing complexity, loss of autonomy and information asymmetry, all of which can hamper innovation and technological change. Explores how networks simultaneously promote and block innovation in the partner companies involved. Attempts to define the concept of the network and its multiple variations. Analyses different attributes of networks as they relate to innovation: flexibility, speed and networks as learning systems. Concludes with suggested ways to extract the maximum innovative potential from interfirm networking. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Decision Emerald Publishing

Do networks really foster innovation?

Management Decision , Volume 33 (9): 5 – Nov 1, 1995

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Publisher
Emerald Publishing
Copyright
Copyright © 1995 MCB UP Ltd. All rights reserved.
ISSN
0025-1747
DOI
10.1108/00251749510098991
Publisher site
See Article on Publisher Site

Abstract

Warns that although technology and innovation are often the key drivers in the formation of business partnerships and networks, reflecting the parallel relationship between the institutional set and the technological set, the formation of tightly knit networks of relationships often entails drawbacks and hazards like increasing complexity, loss of autonomy and information asymmetry, all of which can hamper innovation and technological change. Explores how networks simultaneously promote and block innovation in the partner companies involved. Attempts to define the concept of the network and its multiple variations. Analyses different attributes of networks as they relate to innovation: flexibility, speed and networks as learning systems. Concludes with suggested ways to extract the maximum innovative potential from interfirm networking.

Journal

Management DecisionEmerald Publishing

Published: Nov 1, 1995

Keywords: Alliances; Innovation; Networks; Corporate culture

References