Abstract

One of the most common determinants of the companies' mutual cooperation is creating the innovation networks. There are lots of benefits stemming from active participation within them. Such networks are, among others, having access to diverse but complementary knowledge resources, reducing risk through its sharing, entering new markets and discovering new technologies or making use of other complementary assets or competences. That is only one of the reasons for which companies are eager for mutual cooperation. It enables them broadening their access towards key assets creating innovations. Their external dimensions are shaped by companies' relations with their clients, suppliers or other market partners, which in effect can succeed in the process of creating new values.

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Keywords

innovation networks; companies’ cooperation; creating innovations