This paper provides an updated overview of the network of Belgian business-to-business transactions from 2002 to 2021, building on the previous vintage of the dataset which covered 2002-2014. Leveraging data from VAT client lists, we establish a comprehensive and cohesive database detailing the...

Compiling and submitting sustainable development reports is a key area for reforming corporate reporting in light of the implementation of the Sustainable Development Goals. In recent years, the share of companies that report sustainable development and corporate social responsibility has grown...

Porter and Powell argued that networks “are a ubiquitous and critical feature of organizational life” and that all organizations, and the individuals within them, “are enmeshed in networks at varied, multiple levels”. While networks have always been important and relevant in...

Venture capital (VC) investment has long been conceptualized as a local business, in which the VC’s ability to source, syndicate, fund, monitor, and add value to portfolio firms critically depends on their access to knowledge obtained through their ties to the local (i.e., geographically...

We examine how trade sanctions can be imposed effectively in a trading network. We focus on three factors that affect trade sanctions: a country’s endowment, distance between trading countries, and connectivity in the network. Our models explain several empirical observations: (i) sanctions...

Modern economy features rich production linkages and frictional, segmented labor markets.We develop a new theoretical framework to study how they interact. Productivity shocks in relatively upstream sectors affect production in other sectors directly through the production of intermediate goods...

This paper introduces a novel form of moral hazard specific to networks and illustrates this concept using simple models from coordination games, epidemics, supply chains, and financial networks. In these models, agents form beneficial links that also propagate costly contagion. Endogenously,...