Benefitting from Network position: firm capabilities, sctructural holes, and performance
Strategic Management Journal, (2005)Abstract
Ehile strategy scholars primarily focus on internal firm capabilities and network scholas typicially examine network sctructure, we posit that firms with superior network structures may be better able to exploit their internal capabilities ad thus enhance their performance. We examine how innovative capabilities - both those of focal firms and those they access through their networks - influence the performance of Canadian mutual fund companies. We find that a firm's innovative capabilities and its network structure both enhance form performance, while the innovativeness of its contacts does not do so directlt.