This paper aims to provide a systematic overview of studies performed on the relationship between interorganizational networks and innovation in an attempt to isolate the origin of innovation networks. We assess strengths and weaknesses of existing research body, provide a comprehensive understanding of the impact of business actors’ goals on innovation networks and clarify how a partial convergence of interests among the key network actors may influence the development, adoption and diffusion of innovation. On the basis of a bibliometric investigation, we shall manage to visualize a map of extant literature, discuss novel trends, and propose an agenda for the future research.