What is it about?
Not all innovation is valuable and even those that are valuable do not always benefit the organization responsible for the innovation. This study finds that innovations resulting from the use of broad collaboration networks (i.e., social capital) bring more value to the innovating organization.
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Why is it important?
This paper shows that all intellectual capital is not the same and that social capital resulting from collaborative relationships among inventors has significantly more positive influence on the retained technical value of an innovation than organizational or human capital.
Perspectives
Rather than tout the primacy of individual intelligence to the generation of valuable innovation, this research suggests that it is preferable to bring together a group of inventors with narrow individual scientific expertise who instead rely on broad collaboration networks as a flexible source of diverse knowledge.
Dr. John Meyer
Iona College
Read the Original
This page is a summary of: Social capital as the main driver of organizationally valuable innovation, European Journal of Innovation Management, February 2022, Emerald,
DOI: 10.1108/ejim-09-2021-0458.
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