Perceived Individual Risk of Co-innovation in Collaborative Innovation Networks

Abstract

Cultivating collective innovation while preserving the interest of the individual contributors is one of the main challenges collaborative innovation networks face. This challenge is riddled with difficulties in managing individuals’ co-innovation risks. The first step toward understanding co-innovation risks is the development of a valid and reliable model to measure the actors’ perception of risk. This paper conceptualizes co-innovation risk from actor’s perspective. It also proposes and tests a nomological network that illustrates the effect of risk on co-innovation behavior.