Creating and exploiting intangible networks: how Radiata was able to improve its odds of success in the risky process of innovating
This case study demonstrates how Radiata used a network of highly skilled professionals to develop a wireless Local Area Network (LAN). Effective people networks are critical in achieving favourable odds in the risky process of innovating. This paper is one of a number of case studies and research papers commissioned as background to Mapping Australia's Science and Innovation System.
Abstract
This case study follows the path taken from invention to innovation and the development of a wireless Local Area Network (LAN) based around a single semiconductor chip developed by an Australian company Radiata Inc. The Radiata case study illustrates some important elements in the science and innovation system. It shows how pre-existing innovative capacity created by a domestic network associated with Australian research in radio-astronomy and electronic engineering was utilised by Australian entrepreneurs benefiting from exposure to US networks and business practices. This was made possible by the strategic development and subsequent use of a network of highly-skilled people who knew and trusted each other. The intangible assets reflected in personal contacts and experiences were capitalised upon during the long journey of product development and in its impact on the investment risk management for the company.
Author(s)
Mark Matthews; Bob Frater;
Policy Intelligence Pty Ltd; Resmed Pty Ltd
Publication Details
| Type : |
Reports |
| Published : |
11/2003 |
Topics Covered
| Sectors : |
| Research |
| Science & innovation |
|
| Detailed :
|
| Mapping science and innovation |
| Science, innovation and industry |
|
Availability
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