Despite decades of network research, the crucial question, “How do networks evolve?” has not been sufficiently explored. The authors explore this question by analyzing the co-authorship networks in the U.S. biotechnology firms. Building on network management and network inertia perspectives,...

How do ego-networks evolve? How does such evolution affect firms’ innovation output? This chapter uses a longitudinal sample of firms in the biotechnology industry to address these questions. We use social network theory to develop a model of the structure and dynamics of firms’...