From a macro perspective, inventor networks are characterized by rather stable structures. However, the high levels of fluidity of inventors and their ties found in reality contradicts this macro pattern. In order to explain these contradicting patterns, we zoom in on the intermediate group...

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 examine whether tolerance for failure spurs corporate innovation based on a sample of venture capital (VC) backed IPO firms. We develop a novel measure of VC investors' failure tolerance by examining their tendency to continue investing in a venture conditional on the venture not meeting...