Technological Regimes and the Evolution of Networks of Innovators: Lessons from Biotechnology and Pharmaceuticals

International Journal of Technology Management, Vol. 25, No. 3/4, 2003

Posted: 21 Nov 2007 Last revised: 22 Nov 2014

See all articles by Fabio Pammolli

Fabio Pammolli

Polytechnic University of Milan - Department of Management, Economics and Industrial Engineering; CERM Foundation

Massimo Riccaboni

KU Leuven - Department of Managerial Economics, Strategy, and Innovation; IMT Institute for Advanced Studies

Abstract

In this paper, we analyse the relationships between technological regimes, regimes of local interaction, and the global structure of an industrial network. Given the complexity of the task, we follow a semi-inductivist approach, combining quantitative empirical analyses and simulative exercises. We show that the topological properties of the R&D network in pharmaceuticals are the result of neither a purely random nor of a cumulative process of growth. Instead, they emerge from a mixture of the two generative processes, under a regime of intense and stable entry. This paper should be considered only as a first step towards the understanding of some general determinants of industry networks growth. Despite its limitations, it provides a parsimonious and general framework to reverse engineer the growth of networks in different industries. Some of the current limitations of our analysis could be overcome, in the future, based on a higher availability of data on real systems and, in particular, of detailed topological and economic information on real-world networks. While currently such data are rare, the increasing interest in industrial networks should soon lead to the development of suitable data sets, offering further guidance for modelling and interpreting the growth of these complex and important economic systems.

Keywords: network evolution, technological paradigms, pharmaceutical industry, biotechnology, network growths

Suggested Citation

Pammolli, Fabio and Riccaboni, Massimo, Technological Regimes and the Evolution of Networks of Innovators: Lessons from Biotechnology and Pharmaceuticals. International Journal of Technology Management, Vol. 25, No. 3/4, 2003, Available at SSRN: https://ssrn.com/abstract=1031390

Fabio Pammolli (Contact Author)

Polytechnic University of Milan - Department of Management, Economics and Industrial Engineering ( email )

Via Lambruschini 4C - building 26/A
Milano, 20156
Italy

CERM Foundation ( email )

Via Fiorentina, 1
Siena, Siena 53100
Italy

HOME PAGE: http://www.cermlab.it

Massimo Riccaboni

KU Leuven - Department of Managerial Economics, Strategy, and Innovation ( email )

Naamsestraat 69 bus 3500
Leuven, 3000
Belgium

IMT Institute for Advanced Studies ( email )

Complesso San Micheletto
Lucca, 55100
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
253
PlumX Metrics