Increasing a firm’s capacity to innovate: Network collaborations and innovation strategy type hold the key

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

Firms can enhance their capacity to innovate through involvement in network collaborations. The position they adopt within the network determines access to relevant and diverse knowledge and information that can subsequently be used to develop and implement an appropriate innovation strategy.

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

(2020), "Increasing a firm’s capacity to innovate: Network collaborations and innovation strategy type hold the key", Strategic Direction, Vol. 36 No. 3, pp. 14-16. https://doi.org/10.1108/SD-12-2019-0233