Determining factors in innovation of small firm networks: A case of cross industry groups in Japan

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69 Citations (Scopus)

Abstract

We examine the relationship between network characteristics and innovation under different phases of innovation. Based on micro data of cross industry groups, small firm networks for knowledge sharing and R&D cooperation, we show that close-knit networks, represented as dense communication and a high level of commitment among members, are correlated with initiating joint product development. Furthermore, the results show that establishing contact with external sources of knowledge such as public research institutes is important to achieve technical success in innovation. Lastly, engaging in cooperative activities in sales is correlated with commercial success in innovation.

Original languageEnglish
Pages (from-to)181-193
Number of pages13
JournalSmall Business Economics
Volume27
Issue number2-3
DOIs
Publication statusPublished - 2006 Oct
Externally publishedYes

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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