EconPapers    
Economics at your fingertips  
 

Integrating persistence process into the analysis of technology convergence using STERGM

Guancan Yang, Di Liu, Ling Chen and Kun Lu

Journal of Informetrics, 2025, vol. 19, issue 1

Abstract: Understanding the dynamics of technology convergence is indispensable for both academic and industrial perspectives. Traditional analyses have mainly focused on the link formation process, overlooking the role that persistence process plays in shaping technology networks. This paper endeavors to fill this gap by incorporating the persistence process into the analysis of technology convergence using the Separate Temporal Exponential Random Graph Model (STERGM). Utilizing a decade-long dataset of breast cancer drug patents, we provide a comprehensive view of technology convergence mechanisms and their predictive capabilities. Our findings reveal significant differences in network effects between formation and persistence processes, indicating that focusing on only one may misrepresent the evolution of technology networks. The combined model achieves an F1 score of 69.54% in empirical forecasting, confirming its practical utility. Additionally, we introduce Intensification Networks to examine how existing ties strengthen or weaken over time, uncovering the critical role of intensification in the long-term evolution of technology convergence. By capturing both the formation of new ties and the intensification of existing ones, our model offers a more nuanced and forward-looking understanding of convergence dynamics, particularly in identifying potential areas for future technology convergence.

Keywords: Technology convergence; STERGM; Formation process; Persistence process; Predictive performance (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1751157724001445
Full text for ScienceDirect subscribers only

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:eee:infome:v:19:y:2025:i:1:s1751157724001445

DOI: 10.1016/j.joi.2024.101632

Access Statistics for this article

Journal of Informetrics is currently edited by Leo Egghe

More articles in Journal of Informetrics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-24
Handle: RePEc:eee:infome:v:19:y:2025:i:1:s1751157724001445