Moving Beyond Stylized Economic Network Models: The Hybrid World of the Indian Firm Ownership Network

Dalhia Mani () and James Moody ()

No 1031, HEC Research Papers Series from HEC Paris

Abstract: A central theme of economic sociology has been to highlight the complexity and diversity of real-world markets, but many network models of economic social structure ignore this feature and rely instead on stylized one-dimensional characterizations. Here, we return to the basic insight of structural diversity in economic sociology. Using the Indian interorganizational ownership network as our case, we discover a composite – or “hybrid” – model of economic networks that combines elements of prior stylized models. The network contains a disconnected periphery conforming closely to a “transactional” model; a semi-periphery characterized by small, dense clusters with sporadic links, as predicted in “small world” models; and finally a nested core composed of clusters connected via multiple independent paths. We then show how a firm’s position within the meso-level structure is associated with demographic features such as age and industry, and differences in the extent to which firms engage in multiplex and high value exchanges.

Keywords: Network; Organization; Structure (search for similar items in EconPapers)
JEL-codes: A14 (search for similar items in EconPapers)
Pages: 00 pages
Date: 2014-02-17
New Economics Papers: this item is included in nep-net
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2380079 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:1031

Access Statistics for this paper

More papers in HEC Research Papers Series from HEC Paris HEC Paris, 78351 Jouy-en-Josas cedex, France. Contact information at EDIRC.
Bibliographic data for series maintained by Antoine Haldemann ().