How to foster shared innovation within SMEs' networks: Social capital and the role of intermediaries

SMEs need to open up to cooperate with their stakeholders in order to develop sustainable competitive advantages. Sustainable, well-conceived, and well managed innovation networks can offer clear benefits to SMEs. The shared innovation concept aims to capture the strategic approach of innovation, co...

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Bibliographic Details
Published in:European management journal 2015-04, Vol.33 (2), p.104-115
Main Authors: Iturrioz, Cristina, Aragón, Cristina, Narvaiza, Lorea
Format: Article
Language:English
Subjects:
Competitive advantage
Cooperation
Cooperative
Innovation
Innovation networks
Organization development
Organizational behaviour
Shared innovation
Small & medium sized enterprises-SME
Small and medium sized enterprises
SME
Social capital
Stakeholder
Studies
Sustainability
Sustainability management
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Summary:SMEs need to open up to cooperate with their stakeholders in order to develop sustainable competitive advantages. Sustainable, well-conceived, and well managed innovation networks can offer clear benefits to SMEs. The shared innovation concept aims to capture the strategic approach of innovation, cooperation and sustainability. The aim of this paper is to illustrate how sustainable shared innovation dynamics are promoted in SMEs' network context. The paper presents the Mondragon case study showing the main drivers for developing innovation networks. Among the findings, the role of both context dependent intermediaries and social capital systemic dynamics are highlighted in the development of a shared innovation strategy.
ISSN:0263-2373
1873-5681
DOI:10.1016/j.emj.2014.09.003