Networks in the innovation process

Emmanouil Tranos*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter in a book

3 Citations (Scopus)

Abstract

This chapter reviews the importance of networks in the innovation process from a spatial perspective. Such networks are part of different scale systems of innovation and are essential to the creation of knowledge externalities. It is well established in the extant literature that innovation does not occur in isolation, and furthermore, interorganizational networks facilitate innovation creation. Social networks, trust, and local embeddedness play key roles in the formation of such networks. In addition, relational perspectives, such as nongeographical proximities, are also vital factors for the creation of innovation networks, the main objective of which is knowledge creation. Important enough, the latter can be approached as crucial production factor in the frame of the knowledge economy. Moreover, scale is an important attribute of such networks, as both local and global links are important in the innovation process.

Original languageEnglish
Title of host publicationHandbook of Regional Science
PublisherSpringer Berlin Heidelberg
Pages489-504
Number of pages16
ISBN (Electronic)9783642234309
ISBN (Print)9783642234293
DOIs
Publication statusPublished - 1 Jan 2014

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  • Cite this

    Tranos, E. (2014). Networks in the innovation process. In Handbook of Regional Science (pp. 489-504). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-23430-9_24