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Beyond the organizational context: knowledge networks and firms’ performance
Título Documento
Beyond the organizational context: knowledge networks and firms’ performance
Ano (publicação definitiva)
2016
Língua
Inglês
País
Portugal
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Abstract/Resumo
Although the role of research and development (R&D) is seen as one of the main sources of
innovation, it is also clear that this is not the only contributory factor. The innovation process is
also the result of specific combinations of knowledge that firms obtain by accessing both the
internal and the external environments. In this context, one way for businesses to promote
innovation it is through knowledge networks. It is the relevance of these networks in the
innovation process that is the focus of this paper. There are three main objectives: firstly, we
identify the most important interaction channels used by firms and analyze the mechanisms that
underlie these channels with regard to their formal and informal nature. Secondly, we study the
relationship between networking intensity and the innovation process. Finally, we analyze the
relationship between knowledge networks, the innovation process and firm performance. Our
results show that firms that engage more intensively in knowledge networks increase the
likelihood of obtaining higher levels of innovation output and better economics performance.
The key finding shows the importance of informal interaction mechanisms in the firms´
innovation process.
Agradecimentos/Acknowledgements
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Palavras-chave
innovation process, knowledge networks, firm performance, interaction channels, formal and informal interaction mechanisms, Portugal.