How between-firm collaboration impacts on innovation: The significance of proximity dimensions

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Innovation is widely recognized as a prime means of gaining a competitive advantage. However, many firms lack the necessary resources needed to increase their innovation capabilities. Cooperating with other organizations or institutions is therefore seen as a viable alternative. The prospects of successful innovation can be enhanced by various dimensions of non-spatial proximity. Collaboration is likely to prove most effective if firms engage with others identified as being similar, indicated by a blend of cognitive and organizational proximity.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2017), "How between-firm collaboration impacts on innovation: The significance of proximity dimensions", Strategic Direction, Vol. 33 No. 6, pp. 29-31. https://doi.org/10.1108/SD-03-2017-0056