PurposeThis paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsInnovation is widely recognized as a prime means of gaining a competitive advantage. However, many firms lack the necessary resources needed to increase their innovation capabilities. Cooperating with other organizations or institutions is therefore seen as a viable alternative. The prospects of successful innovation can be enhanced by various dimensions of non-spatial proximity. Collaboration is likely to prove most effective if firms engage with others identified as being similar, indicated by a blend of cognitive and organizational proximity.Practical implicationsThe paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.Originality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
Strategic Direction – Emerald Publishing
Published: Jun 12, 2017
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