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Managing Innovation Networks In The Industrial Goods Sector

Author

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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)

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.

Suggested Citation

  • Johannes Landsperger & Patrick Spieth, 2011. "Managing Innovation Networks In The Industrial Goods Sector," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 15(06), pages 1209-1241.
    • Handle: RePEc:wsi:ijimxx:v:15:y:2011:i:06:n:s1363919611003714
    DOI: 10.1142/S1363919611003714
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    Cited by:

    1. Etty Ragnhild Nilsen & Anne Haugen Gausdal, 2017. "The Multifaceted Role Of The Network Orchestrator — A Longitudinal Case Study," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(06), pages 1-23, August.
    2. Hurmelinna-Laukkanen, Pia & Möller, Kristian & Nätti, Satu, 2022. "Orchestrating innovation networks: Alignment and orchestration profile approach," Journal of Business Research, Elsevier, vol. 140(C), pages 170-188.
    3. Jens Butschan & Sven Heidenreich & Benjamin Weber & Tobias Kraemer, 2019. "TACKLING HURDLES TO DIGITAL TRANSFORMATION — THE ROLE OF COMPETENCIES FOR SUCCESSFUL INDUSTRIAL INTERNET OF THINGS (IIoT) IMPLEMENTATION," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(04), pages 1-34, May.
    4. Benjamin Weber & Sven Heidenreich, 2016. "Improving Innovation Capabilities By Cooperation: Examining Effects Of Core Network Management Functions And Relational Mechanisms In The Industrial Goods Sector," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(07), pages 1-29, October.
    5. Jiafu Su & Fengting Zhang & Xuefeng Zhang & Na Zhang & Cong Miao & Quanxin Gan & Yan Xiao, 2024. "Stability Analysis of Collaborative Product Innovation Network Exposed to Knowledge Resource Loss," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 3380-3408, March.

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