Innovation of a firm is embedded in the network around the firm, and firm networking is embedded in institutions in society.
Global generalizability from sample of 18,880 firms in 68 countries; measuring networking and innovation, and also support.
Firm networking is seen to benefit process innovation and especially product innovation.
Institutional support for networking appears to hard promote quantity of networking.
Institutional support moderates quality of networking, by enhancing the benefits for process and product innovation.