Modern society is a network society permeated by information technology (IT). As a result of innovations in IT, enormous amounts of information can be communicated to a larger number of recipients faster than ever before. The evolution of networks is heavily influenced by the extensive use of...

Business networks are cooperative entities formed by more than two firms in order to generate competitive advantages for each member. They often operate in dynamic contexts to which they need to adapt. Some of these dynamics result from other business networks' actions of adaptation and...

A daily systemic risk measure is proposed accounting for links and mutual dependencies between financial institutions utilising tail event information. FRM (Financial Risk Meter) is based on Lasso quantile regression designed to capture tail event co-movements. The FRM focus lies on...

Cryptocurrencies are gaining momentum in investor attention, are about to become a new asset class, and may provide a hedging alternative against the risk of devaluation of fiat currencies following the COVID-19 crisis. In order to provide a thorough understanding of this new asset class, risk...

The fast-growing Emerging Market (EM) economies and their improved transparency and liquidity have attracted international investors. However, the external price shocks can result in a higher level of volatility as well as domestic policy instability. Therefore, an efficient risk measure and...

Modern society is a network society permeated by information technology (IT). As a result of innovations in IT, enormous amounts of information can be communicated to a larger number of recipients faster than ever before. The evolution of networks is heavily influenced by the extensive use of...

This study explores the relative contributions of large incumbent and small innovative firms in explaining the different structures and dynamics of interorganizational networks across multi-levels of analysis, egocentric, sectoral, and industrial. Empirically, we study alliance network evolution...

Product development within and across community-based and geographically dispersed virtual organizations is becoming an increasingly important mechanism through which individual knowledge holders create and disseminate knowledge in joint efforts to generate products. Without the benefits of...

This paper undertakes a critical review of existing spillover analyses and proposes a unique analytical framework for examining technological spillovers in a manufacturing industry setting. The proposed framework overlaps three different literature strands; cluster and network dynamics,...

Business networks are cooperative entities formed by more than two firms in order to generate competitive advantages for each member. They often operate in dynamic contexts to which they need to adapt. Some of these dynamics result from other business networks' actions of adaptation and...