This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...

This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...

We use the universe of USPTO data on patents and inventors from 1976 to 2019 to look at the dynamics of coauthorship on patents and its relationship with competition. First, we find an inverted-U relationship between competition and the growth in coauthorship: the number of new collaborators on...

Die im Rahmen des vom Bundesministerium für Bildung und Forschung (BMBF) geförderten Projektes KompNet2011 - Erfolgsfaktoren regionaler Innovationsnetze - durchgeführte Befragung untersucht die Innovationskooperationen sowie Wissenstransferaktivitäten von schwerpunktmäßig kleinen und...

The discussion on regional innovation systems emphasizes the duality of local and global links. While the former enable effective knowledge exchange between regional actors, the latter are considered to provide regional systems with knowledge diverse to their knowledge base. Our empirical...

There is a momentous debate on the role played by financial technology (fintech) innovation in the fragility of the banking sector. Considering the importance of financial solidness, contradictory theoretical predictions and empirical evidence, the in-depth re-investigation of this relation is...

In this paper we study the coevolutionary dynamics of knowledge creation, diffusion and the formation of R&D collaboration networks. Differently to previous works, knowledge is not treated as an abstract scalar variable but represented by a portfolio of ideas that changes over time through...

We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive position in the...

We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can benefit from R&D spillovers form collaborating firms within or across different industries. R&D spillovers help firms to introduce process innovations to lower their production costs....

The academic interest in innovation clusters and networks has given rise to a vast stream of works in recent years. Besides defining the notions of clusters and innovation clusters or networks, a core topic within the literature relates to the analysis of the logics underlying the emergence, the...