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.
    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.

    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

    Cite this

    Awate, S. S., Møller Larsen, M., & Mudambi, R. (2016). Managing Innovation Networks: A Multiplex Analysis of the Global Wind Power Industry. Paper presented at The DRUID 20th Anniversary Conference 2016, København, Denmark.
    Awate, Snehal Suyash ; Møller Larsen, Marcus ; Mudambi, Ram. / Managing Innovation Networks : A Multiplex Analysis of the Global Wind Power Industry. Paper presented at The DRUID 20th Anniversary Conference 2016, København, Denmark.34 p.
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    title = "Managing Innovation Networks: A Multiplex Analysis of the Global Wind Power Industry",
    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.",
    keywords = "Innovation, Multiplex networks, Heterogeneous knowledge, Search costs, Global wind power industry, Innovation, Multiplex networks, Heterogeneous knowledge, Search costs, Global wind power industry",
    author = "Awate, {Snehal Suyash} and {M{\o}ller Larsen}, Marcus and Ram Mudambi",
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    language = "English",
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    url = "http://druid8.sit.aau.dk/druid/registrant/index/login/cid/20",

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    Awate, SS, Møller Larsen, M & Mudambi, R 2016, 'Managing Innovation Networks: A Multiplex Analysis of the Global Wind Power Industry' Paper presented at, København, Denmark, 13/06/2016 - 15/06/2016, .

    Managing Innovation Networks : A Multiplex Analysis of the Global Wind Power Industry. / Awate, Snehal Suyash; Møller Larsen, Marcus; Mudambi, Ram.

    2016. Paper presented at The DRUID 20th Anniversary Conference 2016, København, Denmark.

    Research output: Contribution to conferencePaperResearchpeer-review

    TY - CONF

    T1 - Managing Innovation Networks

    T2 - A Multiplex Analysis of the Global Wind Power Industry

    AU - Awate,Snehal Suyash

    AU - Møller Larsen,Marcus

    AU - Mudambi,Ram

    PY - 2016

    Y1 - 2016

    N2 - 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.

    AB - 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.

    KW - Innovation

    KW - Multiplex networks

    KW - Heterogeneous knowledge

    KW - Search costs

    KW - Global wind power industry

    KW - Innovation

    KW - Multiplex networks

    KW - Heterogeneous knowledge

    KW - Search costs

    KW - Global wind power industry

    M3 - Paper

    ER -

    Awate SS, Møller Larsen M, Mudambi R. Managing Innovation Networks: A Multiplex Analysis of the Global Wind Power Industry. 2016. Paper presented at The DRUID 20th Anniversary Conference 2016, København, Denmark.