Without denying the importance of asymmetric information, this article purports the view that credit rationing may also originate from a lender's inability to classify loan applicants in proper risk categories. This effect is particularly strong when novel technologies are involved. Furthermore,...

We study how organization emerges from interdependent problem solving behavior of participants in an open production system. We consider individual problem solving attempts as acts of production embedded in an evolving bipartite network which affiliates organizational participants to...

We examine the extent to which the presence and number of web links between higher education institutions can be predicted from a set of structural factors like country, subject mix, physical distance, academic reputation, and size. We combine two datasets on a large sample of European higher...

Theoretical accounts of network ties between organizations emphasize the interdependence of individual intentions, opportunities, and actions embedded in local configurations of network ties. These accounts are at odds with empirical models based on assumptions of independence between network...

We combine theory and empirical evidence to develop and test three related claims about how ties strength and structural equivalence affect interorganizational performance similarity. First, network partners attain similar levels of performance because direct network ties facilitate information...