Being central is a double-edged sword: Knowledge network centrality and new product development in U.S. pharmaceutical industry

John Qi Dong, Chia Han Yang

研究成果: Article同行評審

31 引文 斯高帕斯(Scopus)

摘要

Today firms extensively use external knowledge from interfirm knowledge networks for their new product development (NPD). In light of this phenomenon, scholars and managers often believe that a higher centrality in interfirm knowledge networks is good for absorbing external knowledge and improving NPD performance. Since knowledge network centrality can be measured from different perspectives, however, we propose that some types of centrality might do more harm than good for NPD. Using a panel data set from the U.S. pharmaceutical industry, we empirically examine the impacts of three measures for knowledge network centrality (i.e., degree centrality, closeness centrality and eigenvector centrality) on NPD performance. We find that degree centrality in an interfirm knowledge network is positively associated with subsequent NPD performance. Counter-intuitively, closeness centrality and eigenvector centrality in an interfirm knowledge network have negative impacts on subsequent NPD performance. Taken together, our findings remind the danger of oversimplifying the complex impact of knowledge network centrality on innovation.

原文English
頁(從 - 到)379-385
頁數7
期刊Technological Forecasting and Social Change
113
DOIs
出版狀態Published - 2016 十二月 1

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Applied Psychology
  • Management of Technology and Innovation

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