SEA: Practical Application of Science (Dec 2014)
A REVIEW OF COLLABORATIVE INNOVATION PERFORMANCE WITHIN MULTINATIONALS
Abstract
Many organizations make collaborative learning with other entities an integral part of their business. But leaders must measure the performance of innovation. Declaring a collaborative and innovative perspective in the mission and vision of a company is not sufficient. It is necessary to measure the process and results to justify investments in research and development and ensure continuity of the company's success. Over the years, researchers proposed various models for measuring the performance of collaborative innovation within companies. The purpose of this article is to review the existing literature on collaborative innovation network in order to identify the main approach used for measuring its performance. As many studies show, notable results were obtained in the case of multinational corporations (MNCs). MNCs are seen as the main vehicle for innovation. They are the first who developed international network of collaborative innovation based on research and development expenses. As a result, we first focus on the motives for which MNCs are considered the main developers of these networks. Furthermore we discuss the existing literature for measuring performance of collaborative innovation networks and, at last, we develop a model for evaluating collaborative innovation performance based on previous research.
