How between-firm collaboration impacts on innovation
Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Innovation 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 implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The 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.
Year of publication: |
2017
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Published in: |
Strategic Direction. - Emerald Publishing Limited, ISSN 1758-8588, ZDB-ID 2089990-7. - Vol. 33.2017, 6, p. 29-31
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Publisher: |
Emerald Publishing Limited |
Subject: | Networks | Innovation | Proximity | Business cooperation |
Saved in:
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