The Dynamics of Innovation Networks
AbstractWe analyse the changing contribution of networks to the innovative performance of 30 pharmaceutical companies from 1989 to 1997. Count data models show that collaborations with universities and biotechnology companies are important determinants of the firms' innovative performance, but their respective contributions diverge when industry matures. Larger firms enjoy a significant size advantage and in-house research activities are highly significant. Returns to scale in research are decreasing over time while the size advantage is increasing. The changing contribution of networks to knowledge production suggests that these are phase-specific, which has substantial managerial and policy implications.
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Bibliographic InfoPaper provided by SPRU - Science and Technology Policy Research, University of Sussex in its series SPRU Working Paper Series with number 114.
Length: 35 pages
Date of creation: 01 Apr 2004
Date of revision:
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More information through EDIRC
pharmaceutical industry; biotechnology; innovative processes; networks;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-07 (All new papers)
- NEP-COM-2005-05-07 (Industrial Competition)
- NEP-ENT-2005-05-07 (Entrepreneurship)
- NEP-INO-2005-05-07 (Innovation)
- NEP-NET-2005-05-07 (Network Economics)
- NEP-TID-2005-05-07 (Technology & Industrial Dynamics)
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