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Beating competitors to international markets: The value of geographically balanced networks for innovation

Pankaj C. Patel, Stephanie A. Fernhaber, Patricia McDougall‐Covin, Robert van der Have · 2013 · Strategic Management Journal

Summary. Technology-based ventures that balance local and foreign network connections develop innovations faster for international markets than those relying on either type alone. The advantage of geographic network balance grows stronger when innovations are more complex or when industries move faster. This finding challenges the debate over whether local or foreign partners matter more for innovation.

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Patel, P. C., Fernhaber, S. A., McDougall‐Covin, P., & Have, R. V. D.. (2013). Beating competitors to international markets: The value of geographically balanced networks for innovation. Strategic Management Journal. https://doi.org/10.1002/smj.2114

Details

DOI
10.1002/smj.2114
Countries
United States, Finland
Regions
North America, Europe
Categories
innovation-networks, entrepreneurship, general-innovation
Added
2026-04-28