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With whom should I work? Partners' network characteristics and innovation persistence
1School of Business Administration, Zhongnan University of Economics and Law, Wuhan, China.
Heliyon
|July 26, 2024
Summary
Partners
Area of Science:
- Innovation Studies
- Network Analysis
- Intellectual Property Management
Background:
- Existing research on collaboration networks and innovation persistence often neglects partner network characteristics.
- Understanding the influence of partners' network structures is crucial for a comprehensive view of innovation dynamics.
Purpose of the Study:
- To investigate how partners' network centrality and structural holes impact a focal inventor's innovation persistence.
- To examine the mediating roles of knowledge recombination diversity and novelty in these relationships.
Main Methods:
- Analysis of a panel patent dataset from the lithography industry (2000-2023).
- Application of ordinary least squares (OLS) regression, robustness checks, and endogeneity tests.
Main Results:
- Partners' network centrality shows an inverted U-shaped effect on innovation persistence.
- Partners' structural holes positively correlate with innovation persistence.
- Knowledge recombination diversity and novelty mediate the link between partner networks and innovation persistence.
Conclusions:
- Partner network characteristics significantly influence innovation persistence through knowledge recombination.
- Highlights the importance of strategic partnerships and diverse knowledge integration for sustained innovation.
- Offers actionable insights for inventors, researchers, and policymakers.
Keywords:
Diversity of knowledge recombinationInnovation persistentNovelty of knowledge recombinationPartners' network centralityPartners' structural holesMore Related Videos
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