Network Formation: R&D Cooperation Propensity and Timing Among German Laser Source Manufacturers
AbstractEmpirical evidence on the evolution of innovation networks within high-tech industries is still scant. We investigate network formation processes by analyzing the timing of firms to enter R&D cooperations, using data on laser source manufacturers in Germany, 1990-2010. Network measures are constructed from a unique industry database that allows us to track both the formation and the termination of ties. Regression results reveal that a firm's knowledge endowment (and cooperation experience) shortens the duration to first (and consecutive) cooperation events. The previous occupation of strategic network positions is closely related to the establishment of further R&D cooperations at a swift pace. Geographic co-location produces mixed results in our analysis.
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Bibliographic InfoPaper provided by Halle Institute for Economic Research in its series IWH Discussion Papers with number 9.
Date of creation: Jul 2013
Date of revision:
laser industry; innovation network; R&D cooperation; event history;
Find related papers by JEL classification:
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-20 (All new papers)
- NEP-CDM-2013-07-20 (Collective Decision-Making)
- NEP-CSE-2013-07-20 (Economics of Strategic Management)
- NEP-EUR-2013-07-20 (Microeconomic European Issues)
- NEP-INO-2013-07-20 (Innovation)
- NEP-NET-2013-07-20 (Network Economics)
- NEP-SBM-2013-07-20 (Small Business Management)
- NEP-URE-2013-07-20 (Urban & Real Estate Economics)
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