Management of networked R&D processes

This paper attempts to answer the following two questions: 1) what are the main challenges related to networked R&D operations, and 2) what kinds of management models for networked R&D are being applied? The research is based on a literature study, an action research project in the field of innovation management, and seven interviews carried out in November- December 2003 with representatives of Finnish industry in the areas of development and strategy. The results of the study depicted in the paper can be summarised as follows: First, the paper serves as a creation of preunderstanding of network theory in the context of networked R&D management. Second, the main challenges and benefits related to networked R&D are described. Third, a model of success elements of R&D networking are illustrated based on empirical data from the interviews combined with a theoretical discussion of managing R&D in networks