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Innovation Systems, Networks and Social Capital. The Different Roles of Weak and Strong Ties in Innovation Processes

Innovation Systems, Networks and Social Capital. The Different Roles of Weak and Strong Ties in Innovation Processes PDF Author: Kai Wright
Publisher: GRIN Verlag
ISBN: 3656936110
Category : Business & Economics
Languages : en
Pages : 11

Book Description
Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of London, course: Innovation Systems, Networks and Social Capital, language: English, abstract: Innovation processes often mainly consist of the creation of genuine new knowledge or the recombination of existing knowledge in a new context. These processes are managed by people, who are also the carrier and translator of knowledge. As knowledge creation is only partially accomplished by one person on its own, and nearly all economic activities is embedded in social systems, the inter-communication between individuals within a firm or across firm boundaries must be acknowledged as equal important in the process of innovation. Network theories must be seen at the blurred boundaries between sociology, trying to understand which social layers are (positively) affected by having a broad and diverse or closed and narrow social nexus, and management theory, trying to understand the organizational implications of the nexus of the firms’ stakeholders. Therefore this essay will elaborate on the role of ties, in its different shapes from weak to strong, within the innovation process. It will particularly focus on when which shape of tie is particularly important for which kind of successful innovation (incremental versus radical). It will also show how the focus on knowledge developed in management theory and how certain theories implicitly use the notion of networks to explain innovation processes.

Innovation Systems, Networks and Social Capital. The Different Roles of Weak and Strong Ties in Innovation Processes

Innovation Systems, Networks and Social Capital. The Different Roles of Weak and Strong Ties in Innovation Processes PDF Author: Kai Wright
Publisher: GRIN Verlag
ISBN: 3656936110
Category : Business & Economics
Languages : en
Pages : 11

Book Description
Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of London, course: Innovation Systems, Networks and Social Capital, language: English, abstract: Innovation processes often mainly consist of the creation of genuine new knowledge or the recombination of existing knowledge in a new context. These processes are managed by people, who are also the carrier and translator of knowledge. As knowledge creation is only partially accomplished by one person on its own, and nearly all economic activities is embedded in social systems, the inter-communication between individuals within a firm or across firm boundaries must be acknowledged as equal important in the process of innovation. Network theories must be seen at the blurred boundaries between sociology, trying to understand which social layers are (positively) affected by having a broad and diverse or closed and narrow social nexus, and management theory, trying to understand the organizational implications of the nexus of the firms’ stakeholders. Therefore this essay will elaborate on the role of ties, in its different shapes from weak to strong, within the innovation process. It will particularly focus on when which shape of tie is particularly important for which kind of successful innovation (incremental versus radical). It will also show how the focus on knowledge developed in management theory and how certain theories implicitly use the notion of networks to explain innovation processes.

The Oxford Handbook of Creativity, Innovation, and Entrepreneurship

The Oxford Handbook of Creativity, Innovation, and Entrepreneurship PDF Author: Christina Ellen Shalley
Publisher: Oxford Library of Psychology
ISBN: 0199927677
Category : Business & Economics
Languages : en
Pages : 561

Book Description
Creativity can be viewed as the first stage of the overall innovation process, an important dimension of the entrepreneurship and new venture creation processes, and as such, it is considered to be a cornerstone of organizational competitiveness in this global, knowledge-based economy. Research on creativity has increasingly become multilevel, with most work conducted at the individual or team level of analysis. At the same time, there is a large body of research being conducted at the organizational level of analysis on innovation, and there has been a significant amount of entrepreneurship research at the individual level, with an increasing focus on organizational entrepreneurship. However, these three research streams have developed independently, and there has been very little knowledge transfer between the three areas. Because entrepreneurship is often said to be a process that is required to convert innovation into business ventures that will deliver benefits to stakeholders, it is typically driven by an individual or small group of individuals. Creativity research, innovation research, and entrepreneurship research have the potential to inform each other, enriching our knowledge of each area, particularly with regard to the cognitive processes and behaviors that are most effective. This Handbook includes contributions from the leading scholars in these three research areas, who integrate contemporary research findings on organizational creativity, innovation, and entrepreneurship and provide fruitful new research directions."

The Dynamics of Local Innovation Systems

The Dynamics of Local Innovation Systems PDF Author: Eva Panetti
Publisher: Routledge
ISBN: 0429511019
Category : Business & Economics
Languages : en
Pages : 121

Book Description
This book offers a comprehensive overview of the dynamics underpinning the successful performance of local innovation systems (LIS), that is, spatial concentration of innovation activities in specific geographical areas, characterized by the synergetic co-localization of research centers, innovation-driven enterprises, large corporations and capital providers. The reader will gain a deeper knowledge of LIS theory and learn about the theoretical and empirical challenges of studying the LIS from a relational perspective. The book also provides an analytical framework to explore the level of connectivity among LIS actors through the use of social network analysis (network architecture) and second, to assess the variety of different types of relationships that local actors put in place to produce innovation within the LIS (network portfolio). More specifically, this book explores which network configuration is associated with a successful LIS by deriving evidence from the empirical study of the biopharma LIS in the Greater Boston Area (GBA), which has been exemplified as a benchmark case in terms of successful LIS performance. This book also contributes to the theoretical debate about the optimal configuration of network structure (e.g. network closure vs. network openness). In capturing the heterogeneous nature of the LIS demography, it addresses the challenges brought about by the adoption of a holistic approach. Finally, the study provides insights into the network portfolio composition, which has been underexplored by extant literature. Besides addressing the scientific community in the field, this book will also be a valuable resource with practical implications for policymakers and those actors willing to undertake an active role in the development of an LIS in their own regions.

The Locus of Innovation in Small and Medium-Sized Firms

The Locus of Innovation in Small and Medium-Sized Firms PDF Author: Willem Hulsink
Publisher:
ISBN:
Category :
Languages : en
Pages : 51

Book Description
Social networks matter in the innovation processes of young and small firms, since lsquo;innovation does not exist in a vacuum (Van De Ven, 1986: 601).' The contacts a firm has could both generate advantages for further innovation and growth, and disadvantages leading to inertia and stagnation. In the first case the existing social network or the new business contact provides opportunities furthering eventual success, in the second case, the existing network or the new business contacts turns out to have a constraining or even detrimental effect on performance. The search and use of social capital is driven by goal-specificity: it only includes those ties that help the actor in the attainment of particular goals. Most of the research so far has been deliberately or unwillingly one-sided, by for instance only looking at entrepreneurial firms in dynamic industries (or more specifically, start-ups in the high-tech industries). Or selective attention has been paid to either the internal sources or the external contacts to trigger innovation. And when a conclusive study has been conducted into investigating both the effect of internal and external ties on innovation, the sample often includes large and established companies and managers (instead of entrepreneurs and smaller firms, as what we are interested in). The main line of reasoning in this paper is as follows. In the first section we discuss the key network concepts, such as, social capital, relational embeddedness (strong and weak ties), structural embeddedness (i.e. structural holes). Section two deals with innovation and the central role of knowledge in the discovery and realisation of innovations. Social networks and its potential for knowledge brokering appear to be important and therefore the last section focuses on the relationship between particular network characteristics and innovation.

The International Handbook on Innovation

The International Handbook on Innovation PDF Author: Larisa V Shavinina
Publisher: Elsevier
ISBN: 0080524842
Category : Education
Languages : en
Pages : 1201

Book Description
Approx.1200 pagesApprox.1200 pages

Regional Development and Conditions for Innovation in the Network Society

Regional Development and Conditions for Innovation in the Network Society PDF Author: M. S. van Geenhuizen
Publisher: Purdue University Press
ISBN: 9781557533555
Category : Business & Economics
Languages : en
Pages : 384

Book Description
Building on the idea of inclusive learning, which entails a process of shared prosperity across the globe, this work looks at funamental changes at the start of the new milliennium, as innovation is gaining increasing importance for local economic prosperity and the emergence of learning societies.

Networks, Innovation and Public Policy

Networks, Innovation and Public Policy PDF Author: M. Considine
Publisher: Springer
ISBN: 0230595049
Category : Political Science
Languages : en
Pages : 245

Book Description
This book examines the different normative approaches politicians, bureaucrats and community actors use to frame the innovation puzzle, arguing that these create specific cultures of innovation. The authors explore the role of formal institutions and informal networks in promoting and impeding governmental innovation.

MEMS, NANO and Smart Systems

MEMS, NANO and Smart Systems PDF Author: Li Yuan
Publisher: Trans Tech Publications Ltd
ISBN: 3038137685
Category : Technology & Engineering
Languages : en
Pages : 5800

Book Description
The object of this collection of peer-reviewed papers is to provide a forum for the discussion of new developments, recent progress and innovations in the design and implementation of MEMS, NANO and Smart Systems-on-Chip. It addresses all aspects of the design methodology of such systems, with the emphasis on current and future challenges in research and development in both academia and industry. The 983 papers are grouped into 22 chapters: Materials Behavior, Casting and Solidification, Surface, Subsurface and Interface Phenomena, Coatings and Surface Engineering, Composite Materials, Materials Forming, Machining, Nanomaterials and Nanomanufacturing, Biomedical Manufacturing, Environmentally Sustainable Manufacturing Processes and Systems, Manufacturing Process Planning and Scheduling, Meso/Micro-Manufacturing Equipment and Processes, Modeling, Analysis and Simulation of Manufacturing Processes, Computer-Aided Design, Manufacturing and Engineering, Semiconductor Materials Manufacturing, Laser-Based Manufacturing, Precision Molding Processes, Rapid Manufacturing Technologies, Nontraditional Manufacturing, Nanofabrication, Nanometrology and Applications, Metrology and Measurement, and Mechanical and Electronic Engineering Control. The huge volume of information makes this a veritable encyclopedia of the subject matter. Volume is indexed by Thomson Reuters CPCI-S (WoS).

Innovation Network Functionality

Innovation Network Functionality PDF Author: Thomas Bentivegna
Publisher: Springer Science & Business Media
ISBN: 3658045795
Category : Business & Economics
Languages : en
Pages : 166

Book Description
Regional developers and network administrators are proud of having the largest number of registered network participants and clicks on their internet platform. However, what ultimately counts are the real business contacts that lead to additional sales, sustainable supplier-relationships, or to innovation projects leading to sustainable competitive advantages for companies and regions. Thomas Bentivegna focuses on ad-hoc networks, which are poorly represented in existing network and innovation literature. He identifies, classifies and categorizes different innovation network types operating in 5 European countries (Switzerland, Germany, England, Ireland, and France) based on data collected from 28 firms. He shows how a basic understanding of the types of innovation networks which are operating in North-West Europe, as well as the typical firm profile for each one, can be an effective tool in helping to support the agenda of several different key innovation actors.

Encyclopedia of Social Innovation

Encyclopedia of Social Innovation PDF Author: Jürgen Howaldt
Publisher: Edward Elgar Publishing
ISBN: 180037335X
Category : Business & Economics
Languages : en
Pages : 499

Book Description
This invaluable Encyclopedia presents an interdisciplinary and comprehensive overview of the field of social innovation, providing an insightful view into potential future developments both practically and theoretically. This title contains one or more Open Access chapters.