Abstract
Networking, as a multidimensional concept, has been studied here from various angles. Vertical networking was found to be more important for innovation than the horizontal one. The study has shown that horizontal networking intensity, contrary to literature claims, is not correlated to innovativeness or performance and it is not significantly different across various manufacturing sectors. Cooperation among firms in the same sector in new product development was found to be very low and links to technology providers were also found to be weak. Some explanations for the findings are offered as well as suggestions for necessary managerial and policy actions. The findings are compared to stipulations of theoretical models e.g. the industrial district model.
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