Radical Innovation and Network Evolution

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 07-039/3

Classification and Topics

• Classification: Wirtschaft ; Management of Technological Innovation and R&D ; Innovation and Invention: Processes and Incentives ; Transactional Relationships; Contracts and Reputation; Networks ; Contracting Out; Joint Ventures; Technology Licensing ; New Firms; Startups ; Business Economics
• Subject: Pharmaceutical industry ; Biotechnology industry ; R&D ; Technological change ; Alliances ; Networks ; Pharmazeutische Forschung ; Pharmazeutisches Produkt ; Innovation ; Pharmazeutische Industrie ; Technischer Fortschritt ; Unternehmenskooperation ; Unternehmensnetzwerk

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Phlippen, Sandra ; Riccaboni, Massimo
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/86573
• Last update: 10.03.2025, 11:44 AM CET