Literature review: Impact assessment of innovation networks

Networks in scientific and technological landscape are described as the new economics of science (Dasgupta and David, 2007). Innovation and technological advancements are the driving forces behind the sustainable growth and development of organizations and the economy. The knowledge economies are based upon complex technologies. This paper, therefore, aims to synthesize existing literature on the impact of innovation networks. By tracing versatile innovation metrics, the paper explores whether inter-organizational networking influences the speed and the rate of knowledge creation among the network participants. To address these questions, several empirical studies that examine the impact of networking on innovation performance are reviewed. The objective of this paper is to provide empirical results obtained up to now on the effects of innovation network on creating innovation and technological. The paper will seek to deliver empirical evidence beyond case studies and researchers' individual experiences.