Community Research and Development Information Service - CORDIS

Abstract

As an empirical observation it can be maintained with some justification that Innovation Networks play an important role within processes of societal modernisation in nearly all parts of society. Especially in the area of economy, innovation networks play an increasingly important role as regards the development of new products and their implementation in the market. Economic success and its benefits - decreasing unemployment and increasing public welfare as an example - depend on this new form of co-ordination of economic processes. Yet very little is known about innovation networks. Open questions are: What characterises an innovation network in comparison with classical forms of organisations? What is the structure of an innovation network, what are its elements, what are their basic interactions, what co-ordination mechanisms are important and what dynamics emerge from internal interactions? What is the relationship between an innovation network and its environment and how does the environment influence the dynamics of it?

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Record Number: 6738 / Last updated on: 2005-01-28
Category: PROJ