IDEAS home Printed from https://ideas.repec.org/a/eee/phsmap/v458y2016icp157-167.html
   My bibliography  Save this article

Network effect of knowledge spillover: Scale-free networks stimulate R&D activities and accelerate economic growth

Author

Listed:
  • Konno, Tomohiko

Abstract

We study how knowledge spillover networks affect research and development (R&D) activities and economic growth. For this purpose, we extend a Schumpeterian growth model to the one on networks that depict the knowledge spillover relationships of R&D. We show that scale-free networks stimulate R&D activities and accelerate economic growth.

Suggested Citation

  • Konno, Tomohiko, 2016. "Network effect of knowledge spillover: Scale-free networks stimulate R&D activities and accelerate economic growth," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 458(C), pages 157-167.
    • Handle: RePEc:eee:phsmap:v:458:y:2016:i:c:p:157-167
    DOI: 10.1016/j.physa.2016.04.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S037843711630125X
    Download Restriction: Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000
    File URL: https://libkey.io/10.1016/j.physa.2016.04.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Philippe Aghion & Diego Comin & Peter Howitt & Isabel Tecu, 2016. "When Does Domestic Savings Matter for Economic Growth?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 64(3), pages 381-407, August.
    2. Lee Fleming & Koen Frenken, 2007. "The Evolution Of Inventor Networks In The Silicon Valley And Boston Regions," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 53-71.
    3. Howitt, Peter & Mayer-Foulkes, David, 2005. "R&D, Implementation, and Stagnation: A Schumpeterian Theory of Convergence Clubs," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(1), pages 147-177, February.
    4. Atul Nerkar & Srikanth Paruchuri, 2005. "Evolution of R&D Capabilities: The Role of Knowledge Networks Within a Firm," Management Science, INFORMS, vol. 51(5), pages 771-785, May.
    5. Murray, Fiona, 2004. "The role of academic inventors in entrepreneurial firms: sharing the laboratory life," Research Policy, Elsevier, vol. 33(4), pages 643-659, May.
    6. Srikanth Paruchuri, 2010. "Intraorganizational Networks, Interorganizational Networks, and the Impact of Central Inventors: A Longitudinal Study of Pharmaceutical Firms," Organization Science, INFORMS, vol. 21(1), pages 63-80, February.
    7. Jay Pil Choi, 1997. "Herd Behavior, the 'Penguin Effect,' and the Suppression of Informational Diffusion: An Analysis of Informational Externalities and Payoff Interdependency," RAND Journal of Economics, The RAND Corporation, vol. 28(3), pages 407-425, Autumn.
    8. Philippe Aghion & Peter Howitt, 2009. "The Economics of Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012634, April.
    9. Meagher, Kieron & Rogers, Mark, 2004. "Network density and R&D spillovers," Journal of Economic Behavior & Organization, Elsevier, vol. 53(2), pages 237-260, February.
    10. Olav Sorenson & Jan W. Rivkin & Lee Fleming, 2010. "Complexity, Networks and Knowledge Flows," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 15, Edward Elgar Publishing.
    11. Lobo, José & Strumsky, Deborah, 2008. "Metropolitan patenting, inventor agglomeration and social networks: A tale of two effects," Journal of Urban Economics, Elsevier, vol. 63(3), pages 871-884, May.
    12. J. Kirk Ring & Ana Maria Peredo & James J. Chrisman, 2010. "Business Networks and Economic Development in Rural Communities in the United States," Entrepreneurship Theory and Practice, , vol. 34(1), pages 171-195, January.
    13. Abigail M. Barr, 2002. "The Functional Diversity and Spillover Effects of Social Capital," Journal of African Economies, Centre for the Study of African Economies, vol. 11(1), pages 90-113, March.
    14. Konno, Tomohiko, 2013. "An imperfect competition on scale-free networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(21), pages 5453-5460.
    15. Vernon Henderson, J., 2007. "Understanding knowledge spillovers," Regional Science and Urban Economics, Elsevier, vol. 37(4), pages 497-508, July.
    16. Al-Laham, Andreas & Souitaris, Vangelis, 2008. "Network embeddedness and new-venture internationalization: Analyzing international linkages in the German biotech industry," Journal of Business Venturing, Elsevier, vol. 23(5), pages 567-586, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mao, Chongfeng & Yu, Xianyun & Zhou, Qing & Harms, Rainer & Fang, Gang, 2020. "Knowledge growth in university-industry innovation networks – Results from a simulation study," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    2. Zeng, Yongchao & Shi, Yingying & Shahbaz, Muhammad & Liu, Qin, 2024. "Scenario-based policy representative exploration: A novel approach to analyzing policy portfolios and its application to low-carbon energy diffusion," Energy, Elsevier, vol. 296(C).
    3. Zhu, He & Ma, Jing, 2018. "Knowledge diffusion in complex networks by considering time-varying information channels," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 494(C), pages 225-235.
    4. Wang, Ding & Guo, Peng & Kilgour, D. Marc & Ponnambalam, Kumaraswamy & Hipel, Keith W., 2022. "The evolution of R&D collaboration in inter-organizational project networks: Effects of reference points for competitive preference," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 591(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Konno, Tomohiko, 2016. "Knowledge spillover processes as complex networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 462(C), pages 1207-1214.
    2. Khanna, Rajat, 2023. "Passing the torch of knowledge: Star death, collaborative ties, and knowledge creation," Research Policy, Elsevier, vol. 52(1).
    3. Yan, Zheming & Du, Keru & Yang, Zhiming & Deng, Min, 2017. "Convergence or divergence? Understanding the global development trend of low-carbon technologies," Energy Policy, Elsevier, vol. 109(C), pages 499-509.
    4. Keiichi Kishi, 2015. "Dynamic analysis of wage inequality and creative destruction," Journal of Economics, Springer, vol. 115(1), pages 1-23, May.
    5. Attar, M. Aykut, 2015. "Entrepreneurship, knowledge, and the industrial revolution," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-54.
    6. Uwe Cantner & Tina Wolf, 2018. "The Selective Nature of Innovator Networks: From the Nascent to the Early Growth Phase of the Organizational Life Cycle," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Serena Cubico & Giuseppe Favretto & João Leitão & Uwe Cantner (ed.), Entrepreneurship and the Industry Life Cycle, pages 175-204, Springer.
    7. Khanna, Rajat, 2021. "Aftermath of a tragedy: A star's death and coauthors’ subsequent productivity," Research Policy, Elsevier, vol. 50(2).
    8. Rajat Khanna & Isin Guler, 2022. "Degree assortativity in collaboration networks and invention performance," Strategic Management Journal, Wiley Blackwell, vol. 43(7), pages 1402-1430, July.
    9. Anindya Ghosh & Xavier Martin & Johannes M. Pennings & Filippo Carlo Wezel, 2014. "Ambition Is Nothing Without Focus: Compensating for Negative Transfer of Experience in R&D," Organization Science, INFORMS, vol. 25(2), pages 572-590, April.
    10. Lorenzo Cassi & Anne Plunket, 2015. "Research Collaboration in Co-inventor Networks: Combining Closure, Bridging and Proximities," Regional Studies, Taylor & Francis Journals, vol. 49(6), pages 936-954, June.
    11. Lorenzo Cassi & Anne Plunket, 2010. "The determinants of co-inventor tie formation: proximity and network dynamics," Papers in Evolutionary Economic Geography (PEEG) 1015, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2010.
    12. Onyimadu, Chukwuemeka, 2015. "Does Financial Constraints Impede Growth Convergence? Evidence From ECOWAS," MPRA Paper 77205, University Library of Munich, Germany.
    13. Kumar, Sanjesh & Singh, Baljeet, 2019. "Barriers to the international diffusion of technological innovations," Economic Modelling, Elsevier, vol. 82(C), pages 74-86.
    14. Antonin Bergeaud & Gilbert Cette & Rémy Lecat, 2014. "Le produit intérieur brut par habitant sur longue période en France et dans les pays avancés : le rôle de la productivité et de l’emploi," Économie et Statistique, Programme National Persée, vol. 474(1), pages 5-34.
    15. Mark Knell & Simone Vannuccini, 2022. "Tools and concepts for understanding disruptive technological change after Schumpeter," Jena Economics Research Papers 2022-005, Friedrich-Schiller-University Jena.
    16. Aghion, Philippe & Akcigit, Ufuk & Howitt, Peter, 2014. "What Do We Learn From Schumpeterian Growth Theory?," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 0, pages 515-563, Elsevier.
    17. James Malley & Apostolis Philippopoulos & Jim Malley, 2023. "Stimulating Long-Term Growth and Welfare in the U.S," CESifo Working Paper Series 10658, CESifo.
    18. Alessandra Cepparulo & Gilles Mourre, 2020. "How and How Much? The Growth-Friendliness of Public Spending through the Lens," European Economy - Discussion Papers 132, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    19. Soriano, Franklin A. & Villano, Renato A. & Fleming, Euan M. & Battese, George E., 2018. "What’s driving innovation in small businesses in Australia? The case of the food industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(1), October.
    20. Ashraf, Quamrul & Gershman, Boris & Howitt, Peter, 2017. "Banks, market organization, and macroeconomic performance: An agent-based computational analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 135(C), pages 143-180.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:phsmap:v:458:y:2016:i:c:p:157-167. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/physica-a-statistical-mechpplications/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.