Networking, Innovation, and Firms’ Performance: Portugal as Illustration
Sérgio Nunes (),
Raul Lopes () and
Nerys Fuller-Love ()
Additional contact information
Raul Lopes: Instituto Universitário de Lisboa (ISCTE-IUL), DINÂMIA CET-IUL
Nerys Fuller-Love: Aberystwyth University
Journal of the Knowledge Economy, 2019, vol. 10, issue 3, No 1, 899-920
Abstract The innovation process takes place not only as a result of research and development but also because of specific combinations of knowledge that firms obtain by accessing both internal and external environments. In this paper, the relationship between networking intensity and the innovation process is investigated in order to analyze the effect of these networks on firm performance. The results show that firms that are engaged more intensively in knowledge networks increase the likelihood of obtaining higher levels of innovation, which can lead to better economic performance. Furthermore, informal mechanisms of interaction have proved to be a fundamental dimension of the innovation process, especially in conjunction with formal networks. These conclusions have strong implications for government innovation policies designed to improve firms’ performance and that of the local economy.
Keywords: Innovation; Knowledge networks; Economic performance; Innovation policy; Portugal; L14; L15; D83 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s13132-017-0508-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:10:y:2019:i:3:d:10.1007_s13132-017-0508-7
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of the Knowledge Economy is currently edited by Elias G. Carayannis
More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().