Managing Innovation Networks: A Multiplex Analysis of the Global Wind Power Industry

Snehal Suyash Awate, Marcus Møller Larsen, Ram Mudambi

    Research output: Contribution to conferencePaperResearchpeer-review

    Abstract

    In this article, we treat innovation as a multidimensional construct spanning people, technologies, and geographies. We study how these dimensions interact and impact firms' inventor networks and the ultimate innovation performance. We identify five distinct planes in which inventor networks reside. Specifically, we distinguish between the types of ties that are possible between any two inventor nodes with respect to (i) co-located inventors; (ii) technology cohort; (iii) co-located technology cohort; (iv) distant co-inventors; and (v) co-located coinventors. We build a simple, yet parsimonious model of the costs and benefits of being centrally located on multiplex network versus having an equal distribution of ties between the different network layers. Using patent data on the global wind power industry, we find evidence suggesting that being centrally positioned on a multiplex network with an equal distribution of ties deteriorates rather than enhances innovation performance.
    Original languageEnglish
    Publication date2016
    Number of pages34
    Publication statusPublished - 2016
    EventThe DRUID 20th Anniversary Conference 2016: Innovation and the Dynamics of Change - Copenhagen Business School, København, Denmark
    Duration: 13 Jun 201615 Jun 2016
    Conference number: 38
    http://druid8.sit.aau.dk/druid/registrant/index/login/cid/20

    Conference

    ConferenceThe DRUID 20th Anniversary Conference 2016
    Number38
    LocationCopenhagen Business School
    CountryDenmark
    CityKøbenhavn
    Period13/06/201615/06/2016
    OtherThe DRUID Society Conference 2016
    SponsorCopenhagen Business School
    Internet address

    Keywords

    • Innovation
    • Multiplex networks
    • Heterogeneous knowledge
    • Search costs
    • Global wind power industry

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