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    ΠœΠ΅Ρ€ΠΎΠΏΡ€ΠΈΡΡ‚ΠΈΡ ΠΏΠΎ ΡƒΠ»ΡƒΡ‡ΡˆΠ΅Π½ΠΈΡŽ инвСстиционного ΠΊΠ»ΠΈΠΌΠ°Ρ‚Π° Π² контСкстС инвСстиционной стратСгии Ρ€Π΅Π³ΠΈΠΎΠ½Π°

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    In this article, we study the formation of network ties between firms along the life cycle of a creative industry. We focus on three mechanisms that drive network formation: (i) network endogeneity which stresses a path-dependent change originating from previous network structures, (ii) five forms of proximity (e.g. geographical proximity) which ascribe tie formation to the similarity of attributes of firms and (iii) individual characteristics which refer to the heterogeneity in the capabilities of firms to exploit external knowledge. The article employs a stochastic actor-oriented model to estimate the – changing – effects of these mechanisms on the formation of the interfirm network in the global video game industry from 1987 to 2007. Our findings indicate that, on average, the direction of the effects of the three mechanisms are stable over time, but that their weights change with the degree of maturity of the industry. To an increasing extent, video game firms tend to prefer to partner over short distances and with more cognitively similar firms as the industry evolves

    Proximity and the evolution of collaboration networks: evidence from research and development projects within the global navigation satellite system (GNSS) industry

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    This paper analyses the influence of proximity on the evolution of collaboration networks. It determines empirically how organizations choose their partners according to their geographical, cognitive, organizational, institutional and social proximity. Relational databases are constructed from research and development collaborative projects, funded under the European Union 6th Framework Programme within the global navigation satellite system (GNSS) industry from 2004 to 2007. The stochastic actor-based model SIENA is used to model the network dynamic as a realization of a continuous-time Markov chain and to estimate parameters for underlying mechanisms of its evolution. Empirical results show that geographical, organizational and institutional proximity favour collaborations, while cognitive and social proximity do not play a significant role
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