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Innovation intermediaries and collaboration: Knowledge–based practices and internal value creation

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  • De Silva, Muthu
  • Howells, Jeremy
  • Meyer, Martin

Abstract

This paper analyses how knowledge-based practices adopted by innovation intermediaries enable them to generate value for themselves when collaborating with their clients. While the literature focuses on value creation for their client organisations, little is known about how innovation intermediaries create internal value even though this is essential for ensuring their long-term survival and sustaining their key facilitating role in the innovation system. This understudied issue is explored using empirical evidence from a sub-set of innovation intermediaries, Research and Technology Organisations (RTOs). The results indicate that by capitalising on existing knowledge vested in employees and collaborators as well as understanding and shaping the knowledge base of the innovation ecosystem, innovation intermediaries generate internal value from their involvement in collaborative innovation, which range from different financial to non-financial types of value. Implications for intermediaries, their collaborators and for policymakers are then discussed.

Suggested Citation

  • De Silva, Muthu & Howells, Jeremy & Meyer, Martin, 2018. "Innovation intermediaries and collaboration: Knowledge–based practices and internal value creation," Research Policy, Elsevier, vol. 47(1), pages 70-87.
  • Handle: RePEc:eee:respol:v:47:y:2018:i:1:p:70-87
    DOI: 10.1016/j.respol.2017.09.011
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    9. Lindkvist, Carmel & Juhasz-Nagy, Eszter & Nielsen, Brita Fladvad & Neumann, Hans-Martin & Lobaccaro, Gabriele & Wyckmans, Annemie, 2019. "Intermediaries for knowledge transfer in integrated energy planning of urban districts," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 354-363.
    10. Marita McPhillips, 2020. "Trouble in Paradise? Barriers to Open Innovation in Regional Clusters in the Era of the 4th Industrial Revolution," Journal of Open Innovation: Technology, Market, and Complexity, MDPI, Open Access Journal, vol. 6(3), pages 1-14, September.
    11. Cristina Prieto & Sonia Fereres & Luisa F. Cabeza, 2020. "The Role of Innovation in Industry Product Deployment: Developing Thermal Energy Storage for Concentrated Solar Power," Energies, MDPI, Open Access Journal, vol. 13(11), pages 1-19, June.
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    13. Smith, Göran & Sochor, Jana & Karlsson, I.C. MariAnne, 2020. "Intermediary MaaS Integrators: A case study on hopes and fears," Transportation Research Part A: Policy and Practice, Elsevier, vol. 131(C), pages 163-177.
    14. Laura Kreiling & Ahmed Bounfour, 2020. "A practice-based maturity model for holistic TTO performance management: development and initial use," The Journal of Technology Transfer, Springer, vol. 45(6), pages 1718-1747, December.
    15. Diana Teixeira & Nelson Duarte, 2018. "Value creation: the internal perspective," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 3, pages 235-243.
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    18. Kathleen Diener & Dirk Luettgens & Frank Thomas Piller, 2019. "Intermediation For Open Innovation: Comparing Direct Versus Delegated Search Strategies Of Innovation Intermediaries," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(04), pages 1-20, June.
    19. Kim, Young-Choon & Rhee, Mooweon & Kotha, Reddi, 2019. "Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing," Research Policy, Elsevier, vol. 48(3), pages 813-829.

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    More about this item

    Keywords

    Innovation intermediaries; Knowledge based practices; Value creation; European union; Research and technology organisations; Knowledge capitalization;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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