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Network embeddedness indicates the innovation potential of firms

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Listed:
  • Giacomo Vaccario
  • Luca Verginer
  • Antonios Garas
  • Mario V. Tomasello
  • Frank Schweitzer

Abstract

Firms' innovation potential depends on their position in the R&D network. But details on this relation remain unclear because measures to quantify network embeddedness have been controversially discussed. We propose and validate a new measure, coreness, obtained from the weighted k-core decomposition of the R&D network. Using data on R&D alliances, we analyse the change of coreness for 14,000 firms over 25 years and patenting activity. A regression analysis demonstrates that coreness explains firms' R&D output by predicting future patenting.

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  • Giacomo Vaccario & Luca Verginer & Antonios Garas & Mario V. Tomasello & Frank Schweitzer, 2022. "Network embeddedness indicates the innovation potential of firms," Papers 2205.07677, arXiv.org.
    • Handle: RePEc:arx:papers:2205.07677
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    References listed on IDEAS

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