Network Externalities and Firm Innovation

Funded Research Proposal

We propose a novel theory of network externalities to explore the causal relationship between a firm’s position in an alliance network and its innovation outcomes. We posit that the network position a focal firm occupies can be unexpectedly and suddenly reshaped by the acquisitions of other firms. Read More

Liberty in Law? Intellectual Property Rights and Global Alliance Networks

Working Papers

We explore how intellectual property rights (IPR), a type of formal institution, affect firms’ access to global alliance networks and their positioning within those networks. We employed a difference-in-difference design to assess the impact of IPR reforms across thirteen countries.Read More

Networks and Innovation: Accounting for Structural and Institutional Sources of Recombination in Brokerage Triads

Published Research

RResearch linking interorganizational networks to innovation has focused on spanning structural boundaries as a means of knowledge recombination. Increasingly, firms also partner across institutional boundaries (countries, industries, technologies) in their search for new knowledge.Read More

The First Step to Successful Innovation? Choosing the Right Partners

Wharton management professor Exequiel Hernandez searches for the optimal mix of domestic and foreign partners in a firm’s network. The answer depends on what type of innovative solution a firm is trying to produce.Read More