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Understanding the Complex Nature of Innovation Network Evolution

In: Foundations of Economic Change

Author

Listed:
  • Muhamed Kudic

    (University of Bremen)

  • Jutta Guenther

    (University of Bremen)

Abstract

In this article, we suggest a theoretical framework to explain how and why innovation networks emerge, change and eventually dissolve over time. We argue that network evolution is a multi-faceted phenomenon that needs to be studied at multiple levels. Our framework is based on the notion that network change is a result of exogenous and endogenous determinants. At the heart of our framework, we focus on four elementary network change processes at the micro level: the entry and exit of actors, and the formation and termination of the links between them. We integrate the actors’ knowledge endowments and strategic orientations to emphasize the role of actor-specific decision making processes in explaining the emergence of characteristic network patterns over time. In doing so, we add still missing pieces of the puzzle to the contemporary network evolution literature.

Suggested Citation

  • Muhamed Kudic & Jutta Guenther, 2017. "Understanding the Complex Nature of Innovation Network Evolution," Economic Complexity and Evolution, in: Andreas Pyka & Uwe Cantner (ed.), Foundations of Economic Change, pages 501-524, Springer.
    • Handle: RePEc:spr:eccchp:978-3-319-62009-1_20
    DOI: 10.1007/978-3-319-62009-1_20
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    Cited by:

    1. Michael Fritsch & Muhamed Kudic, 2022. "Micro dynamics and macro stability in inventor networks," The Journal of Technology Transfer, Springer, vol. 47(2), pages 353-382, April.

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