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arXiv · 2205.07677

Network embeddedness indicates the innovation potential of firms

Giacomo Vaccario·Luca Verginer·Antonios Garas·Mario V. Tomasello·Frank Schweitzer
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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. 2022-05-16. Network embeddedness indicates the innovation potential of firms. https://arxiv.org/abs/2205.07677

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