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Institutional change and network evolution : explorative and exploitative tie formations of co-inventors during the dot-com bubble in the Research Triangle region

Titelangaben

Menzel, Max-Peter ; Feldman, Maryann P. ; Broekel, Tom:
Institutional change and network evolution : explorative and exploitative tie formations of co-inventors during the dot-com bubble in the Research Triangle region.
In: Regional Studies. Bd. online first (2017) . - 13 S..
ISSN 0034-3404
DOI: 10.1080/00343404.2016.1278300

Abstract

Institutional change and network evolution: explorative and exploitative tie formations of co-inventors during the dot-com bubble in the Research Triangle region. Regional Studies. This paper investigates how institutions impact tie formation, arguing that institutions can direct firm strategies towards exploration or towards exploitation. It translates these strategies into tie formations: explorative tie formation produces structural holes as a source of good ideas, while exploitative tie formation closes structural holes to facilitate the mobilization of resources to move ideas into products. Using the example of co-inventors in information and communication technology in Research Triangle region during the dot-com bubble, explorative tie formation during the bubble and exploitative tie formations after its burst were expected. Stochastic actor-oriented models did not clearly support our assumptions. It was found that the emergence of venture capital led to a large variance in connection patterns during the bubble, probably resulting from overlapping institutional effects. After the burst of the bubble, these incoherencies disappeared.

Weitere Angaben

Publikationsform: Artikel in einer Zeitschrift
Begutachteter Beitrag: Ja
Institutionen der Universität: Fakultäten > Fakultät für Biologie, Chemie und Geowissenschaften > Fachgruppe Geowissenschaften
Fakultäten > Fakultät für Biologie, Chemie und Geowissenschaften > Fachgruppe Geowissenschaften > Lehrstuhl Wirtschaftsgeographie > Lehrstuhl Wirtschaftsgeographie - Univ.-Prof. Dr. Max-Peter Menzel
Fakultäten
Fakultäten > Fakultät für Biologie, Chemie und Geowissenschaften
Fakultäten > Fakultät für Biologie, Chemie und Geowissenschaften > Fachgruppe Geowissenschaften > Lehrstuhl Wirtschaftsgeographie
Titel an der UBT entstanden: Ja
Themengebiete aus DDC: 300 Sozialwissenschaften > 300 Sozialwissenschaften, Soziologie
300 Sozialwissenschaften > 330 Wirtschaft
Eingestellt am: 29 Mär 2017 05:50
Letzte Änderung: 29 Mär 2017 05:50
URI: https://eref.uni-bayreuth.de/id/eprint/36680