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Radical innovation and network evolution

Phlippen, Sandra and Riccaboni, Massimo Radical innovation and network evolution. Annales d'Economie et de Statistique / Annals of Economics and Statistics , 87-88. pp. 325-350. ISSN 0769-489X (2007)

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This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest that it requires radical technological change for firms to leave their embedded path of existing alliances and form new alliances with new partners. While new partners are mostly found through the firms’ existing network, we provide some insight into distant link formation with unknown partners, which contributes to our understanding of how ‘small-worlds’ might emerge

Item Type: Article
Uncontrolled Keywords: Pharmaceutical industry; Biotechnology industry; R&D; Technological change; Alliances; Networks;
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
R Medicine > RS Pharmacy and materia medica
Research Area: Economics and Institutional Change
Depositing User: Ms T. Iannizzi
Date Deposited: 18 Jan 2012 11:14
Last Modified: 18 Jan 2012 11:14
URI: http://eprints.imtlucca.it/id/eprint/1060

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