Inter-organizational networks and innovation in small, knowledge-intensive firms: A literature review
Original version
Jenssen, J. I., & Nybakk, E. (2013). Inter-organizational networks and innovation in small, knowledge-intensive firms: A literature review. International Journal of Innovation Management, 17(2) 10.1142/S1363919613500084Abstract
In this study, we address the effect of innovation strategy and an innovative working
climate on financial performance in the Norwegian wood industry. Innovation strategy
embodies four dimensions: the degrees to which innovation in the form of products,
processes, and business systems are embedded in the management values and priorities as
well as the degree of expenditure in R&D. An innovative working climate is exemplified
by team cohesion, supervisory encouragement, resources, autonomy, challenge, and
openness to innovation. Previous studies have indicated a lack of research in traditional
manufacturing firms on both innovation strategy and a supportive working climate. Our
survey was answered by 241 CEOs. The connectional model was tested with structural
equation modelling, and all hypotheses received support. This result implied that innovation
strategy and an innovative working climate enhanced financial performance in
traditional manufacturing firms.
Description
Published version of article from the journal: International Journal of Innovation Management