MANAGING INNOVATION NETWORKS IN THE INDUSTRIAL GOODS SECTOR

Johannes Landsperger () and Patrick Spieth ()
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Johannes Landsperger: EBS Business School, Rheingaustr.1, 65375 Oestrich-Winkel, Germany
Patrick Spieth: EBS Business School, Rheingaustr.1, 65375 Oestrich-Winkel, Germany

International Journal of Innovation Management (ijim), 2011, vol. 15, issue 06, 1209-1241

Abstract: Inter-firm networking can facilitate new product development but "[…] it is not a panacea for success" (Harriset al., 2000:229). This article is not concerned with the potential of in-house innovations but tries to reinforce network innovation as a worthy alternative, if managed appropriately. Our research includes the spread of the interaction oriented network approach to innovation literature. Relying on this literature, we hypothesize that balanced network management enhances network retention by facilitating partner selection, resource allocation, regulation, and network evaluation. Balanced network management thereby increases the network retention of the innovation network participants. Our empirical results support our hypotheses. These findings imply that balanced network management affects innovation network retention. For this reason, innovation literature should include a detailed investigation of the four network management functions' effects on innovation network success figures, such as network retention. Assessing network stability and social interaction within innovation networks might allow a better understanding of underlying retention mechanisms in the innovation network context.

Keywords: Innovation network; network management; network outcome (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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DOI: 10.1142/S1363919611003714

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