handling the innovation procedure differs widely between networks. The formal social networks aim at building personal relationships among members and transfer industry-relevant knowledge to the forum. The formal networks designed with an objective of supporting innovation fund in many cases R&D...

In this paper, we analyze the relationship between technological competencies (TC) and firm performance. Theoretically, the importance of TC is well established and widely accepted. Therefore, it is surprising that a number of empirical studies have been unable to confirm a substantial positive...