HC6- Networks (2)

Question 1

Four arguments for networking in innovation

Answer 1

socialnetworkfocus OR actor networkfocus/ focus on general innovativeness/focus on discrete innovations

• Collective efficiency: networking offers a way of getting access to different resources through
  a shared exchange process
• Collective learning: networking can facilitate a shared learning process in which partners
  exchange experiences and bring new insights
• Collective risk-taking: networking permits higher levels of risk to be considered than any single participant might be prepared to undertake
• Intersection of different knowledge sets: networking allows for different relationships to be
  built across knowledge frontiers

Question 2

Organizational actor networks are beneficial because :

Answer 2

• More powerful on the market
• Share costs
• Reduce costs
• Shorten development cycles -> More expertise, so you can do things sooner
• Flexibility
• Speed up market entry
• Bring together distributed resources

Question 3

four approaches to networks

Answer 3

how easy is forming a relationship/how difficult is it to find partners
- Zone 1: creating new networks with potential
partners that are easy to find and keen to interact.
- Zone 2: Emphasis on new network partners. Barriers
are typically geographic, ethnic and institutional.
- Zone 3: Potential partners are easy to find but
reluctant to engage. Barriers are ideological,
institutional or demographic.
- Zone 4: Potential partners are difficult to find and
not keen to engage. Institutional and demographic
barriers.

Question 4

barriers to new network formation

Answer 4

finding prospecive parners can be hard due to: geographical, technological and institutional reasons.

Forming relationships because of: ideological, demographic and ethnic