How network power affects company innovation

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Companies are able to bolster their innovation capabilities by joining R&D networks and gaining access to important knowledge and resources from network partners. The prospects of effective collaboration increase when the firm has a moderate degree of influence within the network, power distance between members is low and strong emphasis is placed on procedural justice. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.