1 Department of Entrepreneurship and Relationship Management, Faculty of Business and Social Sciences, SDU2 University of Western Sydney3 Guangzhou University4 University of Tehcnology, Sydney5 Department of Entrepreneurship and Relationship Management, Faculty of Business and Social Sciences, SDU
This work explores how network partners collaborate to innovate and innovate to collaborate and thereby achieve value. The innovation processes analyzed are within an IJV in the Chinese exhibition industry. The findings highlight that the IJV's development of a successful trade show resulted from effective co-innovation by partners which enabled the exploitation of opportunities in an industry characterized by rapid growth and continuing structural change. Partner co-innovation enabled evolving strategic and operational capabilities which has led to continued and growing market success. This co-innovation involved the targeted co-mingling of partner resources which creates value that motivated continued cooperation. The effectiveness of the partners' activities is evidenced by the growing size and prestige of their large-scale trade show as well as the expansion of the IJV into other endeavors. The paper concludes by considering the way these innovative processes can be applied in other contexts. (C) 2013 The Authors. Published by Elsevier Inc.
Industrial Marketing Management, 2014, Vol 43, Issue 3, p. 496-503