CROSS-CUTTING TIES, ORGANIZATIONAL DENSITY, AND NEW FIRM FORMATION IN THE US BIOTECH INDUSTRY, 1994-98

• 成果类型: Article
• 署名作者: Bae, Jonghoon; Wezel, Filippo Carlo; Koo, Jun
• 署名单位: Seoul National University (SNU); Universita della Svizzera Italiana; Tilburg University; Korea University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/AMJ.2011.60263089
• 发表日期: 2011
• 页码: 295-311
• 关键词: KNOWLEDGE SPILLOVER THEORY; interorganizational collaboration; Structural holes; social-structure; networks; performance; TECHNOLOGY; INNOVATION; MARKET; COOPERATION

摘要

This study examines the role of cooperative relations among incumbents in the formation of new firms. We argue that cooperative interfirm relations that bridge geographically remote and diverse sources of knowledge-cross-cutting ties-contribute to new firm formation. Employing data on state-level entries into the U.S. biotech industry from 1994 to 1998, we find support for the following hypotheses: the formation of new firms in a focal region of an industry is positively related to the number of cross-cutting ties; the number of cross-cutting ties negatively moderates the effects of organizational density on the formation of new firms.