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The ability to innovation of high growth firms is dependent on the knowledge of the firm's entrepreneurs. Three key components including entrepreneur, knowledge and network are widely recognised as common and important elements of the innovation, much of the literature has been dominated by studies focused on one or two components in isolation. This paper seeks to synthesise a more complete and integrative...
The importance of innovation networks is attached by many scholars. We believe that knowledge is the base of innovation networks, learning is an effective tool for knowledge transfer and creation, social capital is the lubricant of the network operating. Knowledge, learning and social capital can build a framework of effective operation for innovation networks
In a society based on knowledge, the knowledge is crucial factor to innovation. It is impossible for a firm to possess all the knowledge for innovation. Tacit knowledge is harder than explicit knowledge in delivering information. In general, we know that explicit knowledge can be spillover through formal channel. On the contrary tacit knowledge can be delivered with ease through the informal channels...
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