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On the information value of (un)embedded network ties

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Author Info
Hagedoorn, John
Letterie, Wilko
Palm, Franz (METEOR)

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Abstract

A firm sets up a network of information generating alliances to reduce technological uncertainty. This alliance group creates both advantages associated with similarity of existing partners and limitations due to restricted choice of new partners. Our model analyses the conditions (technological uncertainty, information overlap, alliance search costs, and the number of previous alliances) under which a firm opts for an embedded tie within an existing network or an unembedded tie with a new partner.

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Publisher Info
Paper provided by Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization in its series Research Memoranda with number 004.

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Date of creation: 2007
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Handle: RePEc:dgr:umamet:2007004

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Keywords: Strategy;

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References listed on IDEAS
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  1. Breschi, Stefano & Malerba, Franco & Orsenigo, Luigi, 2000. "Technological Regimes and Schumpeterian Patterns of Innovation," Economic Journal, Royal Economic Society, vol. 110(463), pages 388-410, April. [Downloadable!] (restricted)
  2. Nathan Rosenberg, 1996. "Uncertainty and technological change," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 91-125. [Downloadable!]
  3. Anand, Bharat N & Khanna, Tarun, 2000. "The Structure of Licensing Contracts," Journal of Industrial Economics, Blackwell Publishing, vol. 48(1), pages 103-35, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-18.

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