When managing information technology (IT) infrastructure investments, companies traditionally try to evaluate the monetary costs and benefits of this information system (IS) or seek to implement prudent IT governance structures. However, when collective, cooperation-specific investments in...

We identify the connections between financial institutions from different sectors of the financial industry based on joint extreme movements in credit default swap (CDS) spreads. First, we estimate pairwise co-crash probabilities (CCP) to identify significant connections among 193 international...

Dieses Paper fasst die ersten Ergebnisse des Forschungsprojektes Wissenstransfer in Deutsch-Türkischen Innovationsnetzwerke (TGIN) im Kontext der Europäischen Union zusammen. TGIN eröffnet eine neue Perspektive auf die deutsch-türkische Beziehungen, indem es die ökonomischen Win-Win...

Globalisation and the advent of information and communication technology (ICT) change the role of spatial distance in innovation activities. Geographical proximity used to be seen as a necessary condition to share tacit knowledge and to enhance trust between innovators; now this approach is...

Business network research, service-dominant logic and service system thinking all reflect an interactional interpretation of value creation as the fundamental approach to understanding modern economies and business behavior. This paper aims at contributing to an integrative debate about...

This paper examines the involvement of the CEECs into regional and global production networks over the period 1999 to 2009. We employ a theoretically justified gravity model which incorporates the extensive margin of trade and accounts for firm heterogeneity. We first estimate the model for...

In this paper the authors focus on credit connections as a potential source of systemic risk. In particular, they seek to answer the following question: how do we find densely connected subsets of nodes within a credit network? The question is relevant for policy, since these subsets are likely...

Modern banking systems are highly interconnected. Despite their various benefits, the linkages that exist between banks carry the risk of contagion. In this paper we investigate how banks decide on direct balance sheet linkages and the implications for contagion risk. In particular, we model a...

Three general implications for chain management can be derived from my results: 1. Network-level and firm-level goals must be considered simultaneously within a collective strategy. The collective strategy should address not only the alignment of interests of individual network members but also...

The growth of East Asia's intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a pattern of specialization in which upper- and middle-income countries produce sophisticated...