Structural Differentiation and Its Implications—Core/Periphery Structure of the Technological Network

By applying a network analytical approach, this paper examines the position of technological network in shaping the contribution of a technology in technological development. Between the core and the periphery of the technological network structure, we argue that technologies which occupy a core position of network are in propensity for exploitation in succeeding or derivative technologies. On the contrary, technologies located in periphery position of network are likely to lead to seminal technologies. We empirically test the patent data of insurance business methods and discuss the technological implications of the results. Copyright Springer Science + Business Media, LLC 2012