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Radical Innovation and Network Evolution. The Effect of the Genomic Revolution on the Evolution of the Pharmaceutical R&D Network

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  • Sandra Philippen
  • Massimo Riccaboni

Abstract

This paper uses longitudinal data to examine how a radical technological innovation affects alliance formation of firms and subsequent network structures. We find that it requires radical technological change for firms to leave their embedded path of existing alliances and form new alliances with new partners. While new partners are mostly found through the firms'existing network, network, we provide some insight into "distant" link formation with unknown partners, which together create a small-world network structure

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  • Sandra Philippen & Massimo Riccaboni, 2007. "Radical Innovation and Network Evolution. The Effect of the Genomic Revolution on the Evolution of the Pharmaceutical R&D Network," Annals of Economics and Statistics, GENES, issue 87-88, pages 325-350.
    • Handle: RePEc:adr:anecst:y:2007:i:87-88:p:325-350
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    File URL: http://www.jstor.org/stable/27650053
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    Cited by:

    1. Xu Bai & Jinxi Wu & Yun Liu & Yihan Xu, 2020. "Research on the impact of global innovation network on 3D printing industry performance," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(2), pages 1015-1051, August.
    2. Jackie Krafft & Francesco Quatraro & Pier Saviotti, 2014. "Knowledge characteristics and the dynamics of technological alliances in pharmaceuticals: empirical evidence from Europe, US and Japan," Journal of Evolutionary Economics, Springer, vol. 24(3), pages 587-622, July.
    3. Patrick Wolf & Tobias Buchmann, 2021. "Analyzing development patterns in research networks and technology," Review of Evolutionary Political Economy, Springer, vol. 2(1), pages 55-81, April.

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