How might technology increase firm value? One method might be to facilitate more efficient use of internal capital. Another method might be to help the firm tap third party capital. This paper uses four unique data sets to measure growth in firm value based on adoption of Application Programming...

As empirical studies have found that large complex networks (e.g., WWW) are scale-free, the preferential attachment model is commonly applied to generate this network topology. This model assumes a node with higher degree is more likely to gain a new link, and ignore node attributes except the...

Economic geography has developed a stronghold analysing how geography impacts innovation. Yet, despite increased interest in networks, a critical assessment of the role of geography in the evolution of networks is still lacking. This paper juxtaposes geographical proximity with the network of...

Adopting an agent-based approach, this paper explores the topological evolution of road networks from a microscopic perspective. We assume a decentralized decision-making mechanism where roads are built by self-interested land parcel owners. By building roads, parcel owners hope to increase...

The present research develops an agent-based model to treat the organization, growth, and contraction of network elements. The components model travel demand, revenue, cost, and investment. Revenue earned by links in excess of maintenance costs is invested on the link to until all revenue is...

This research investigates the self-organization of surface transportation networks. Using a travel demand model coupled with revenue, cost, and investment models, experiments are run under a variety of parameters on a grid network. It is found that roads, contiguous sections of multiple links...

A new approach in German innovation policy organizes contests of proposals for developing innovation networks. Based on an overview of the different programs, we investigate the advantages, problems and limitations of such an approach. We find that this type of policy may have a relatively large...

A new approach in German innovation policy organizes contests of proposals for developing innovation networks. Based on an overview of the different programs, we investigate the advantages, problems and limitations of such an approach. We find that this type of policy may have a relatively large...

A new approach in German innovation policy organizes contests of proposals for developing innovation networks. Based on an overview of the different programs, we investigate the advantages, problems and limitations of such an approach. We find that this type of policy may have a relatively large...