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Title:The Random part in network evolution PDF Logo
Authors:Grebel, Thomas
Issue Date:2009
Series/Report no.:Jena economic research papers 2009,039
Abstract:Economic behavior strives for efficiency. Therefore, also evolving network structures should be a result of such a goal-oriented behavior. Traditionally, networks were assumed to be only temporary phenomena, since the prevailing organizational forms that comply with the efficiency postulate are either firms or markets. Having a goal in mind, however, does not incur a set of unique choices of action, especially in situations under high uncertainty when engaging in invention networks. Consequently, there is no uniqueness in network structures. There is a random part in network evolution driven by generic mechanisms. A percolation model is used to model the generic development of invention networks. A Monte-Carlo simulation underlines the expectable patterns of network evolution. Moreover, it is tried to align the generic part of the story to the operant level where entrepreneurial behavior and market selection takes over the dominant role in network formation.
Subjects:R&D cooperation
percolation theory
knowledge diffusion
networks.
JEL:A10
B10
B21
B25
B41
B52
C15
D03
D85
I10
O10
O33
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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