Innovation Networks

Knowledge at Wharton

Episode Description

📂 Innovation 🏷️ Research

Brief Summary

Domestic and foreign partnerships affect innovation differently; radical innovations thrive on foreign networks while impactful ones come from domestic ones.

Key points

  • The Dilemma of Global Partnerships. Companies face a complex dilemma in managing international partnerships for innovation.
  • Optimal Mix for Innovation. The study explores the best mix of domestic and foreign partners for innovation.
  • Radical vs. Impactful Innovations. Different types of innovations require different partnership configurations for success.

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