Interfirm Network Structure and Innovation Creation: a Simulation Study
Houxing Tang (),
Zhenzhong Ma () and
Lei Jing ()
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Houxing Tang: Nanchang Institute of Technology
Zhenzhong Ma: University of Windsor
Lei Jing: Jilin University
Journal of the Knowledge Economy, 2024, vol. 15, issue 2, No 102, 7622-7646
Abstract:
Abstract Interfirm network can provide enhanced access to competitive resources and capabilities in an innovation ecosystem. This study uses a simulation approach to explore the impact of interfirm network structures on the creation of innovations. Based on the network structure theory, this study tests different network structures and knowledge exchange rules and their impact on the process of innovation creation. The simulation results show that a random network structure is more effective in promoting innovation creation and a mixture knowledge trade rule (a combination of barter rule and gift rule) is better for the focus firms for innovation creation in innovation ecosystems. Implications for building innovation efficient ecosystems are then discussed for better innovation management in the era of the knowledge economy.
Keywords: Innovation ecosystem; Network structure; Knowledge exchange; Random network; Innovation; Knowledge economy (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13132-023-01231-x
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