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Key drivers for enhancing innovation performance of innovation networks

Inauen, Matthias; Schenker-Wicki, Andrea (2012). Key drivers for enhancing innovation performance of innovation networks. In: The 5th ISPIM Innovation Symposium - Stimulating Innovation: Challenges for Management, Science & Technology, Seoul, Korea, 9 December 2012 - 12 December 2012, Proceedings of ISPIM Conferences.

Abstract

This research article provides empirical insights on the key drivers for successful internal and external innovation network management. The hypotheses are tested empirically using survey data collected from stock-listed companies in Germany, Switzerland and Austria. The data include the complete responses from 141 R&D managers for the period from 2004 to 2008. Our results show that cross-functional teamwork in R&D projects has been increasingly implemented as part of the internal network strategy. Interestingly, we found no significant effect of intensive cross-functional employee cooperation on the firms' innovation performance. According to our result, key driver for internal innovation network management is a fault-tolerant innovation culture, as it is positively related to product innovation performance. Regarding external innovation network management, the use of Web 2.0 and social networking technologies is a key driver for high product innovation performance. In addition, the results reveal the endurance of external innovation networks as a key driver for the existence of radical innovations. Innovation networks that are older than five years have a substantial positive influence on product innovation performance and on the existence of radical innovations.

Additional indexing

Item Type:Conference or Workshop Item (Paper), not_refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Scope:Discipline-based scholarship (basic research)
Language:English
Event End Date:12 December 2012
Deposited On:28 Feb 2014 09:37
Last Modified:06 Mar 2024 14:16
Publisher:Proceedings of ISPIM Conferences
OA Status:Green
Related URLs:http://connection.ebscohost.com/c/articles/84535502/key-drivers-enhancing-innovation-performance-innovation-networks (Publisher)
Other Identification Number:merlin-id:9164
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