Coevolutionary Perspective of Industry–Network Dynamics

Abstract

The chapter presents a theoretical framework that deals with the basic question of how networks and industries coevolve. We draw upon the structural and relational perspectives of networks to theorize about changes occurring in interfirm networks over time and the coevolutionary linkage of these changes to the industry life cycle. We further extend the widely accepted industry life cycle model by claiming that industry-specific evolutionary patterns impact the structure of the network’s relations, which in turn lead to diversification in the sources of innovation and to variation in the patterns of industrial evolution.

Citation

Bakman, L. and Oliver, A.L. (2014), "Coevolutionary Perspective of Industry–Network Dynamics", Understanding the Relationship Between Networks and Technology, Creativity and Innovation (Technology, Innovation, Entrepreneurship and Competitive Strategy, Vol. 13), Emerald Group Publishing Limited, Leeds, pp. 3-36. https://doi.org/10.1108/S1479-067X(2013)0000013004