If the Alliance Fits . . . : Innovation and Network Dynamics

Cowan, Robin and Jonard, Nicolas (2008). If the Alliance Fits . . . : Innovation and Network Dynamics. UNU-MERIT.

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  • Author Cowan, Robin
    Jonard, Nicolas
    Title If the Alliance Fits . . . : Innovation and Network Dynamics
    Publication Date 2008
    Publisher UNU-MERIT
    Abstract Network formation is often said to be driven by social capital considerations. A typical pattern observed in the empirical data on strategic alliances is that of small world networks: dense subgroups of firms interconnected by (few) clique-spanning ties. The typical argument is that there is social capital value both to being embedded in a dense cluster, and to bridging disconnected clusters. In this paper we develop and analyze a simple model of joint innovation where we are able to reproduce these features, based solely on the assumption that successful partnering demands some intermediate amount of similarity between the partners.
    Keyword Network formation
    Strategic alliances
    Knowledge portfolios
    JEL D83
    D85
    L14
    D7
    Copyright Holder UNU-MERIT
    Copyright Year 2008
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 17:23:52 JST