Showing papers by "Walter W. Powell published in 2000"

Network Position and Firm Performance: Organizational Returns to Collaboration in the Biotechnology Industry

Abstract: We examine the relationship between position in a network of relationships and organizational performance Drawing on ten years of observations (1988-1997) for nearly 400 firms in the human biotechnology industry, we utilize three types of panel regressions to unravel the complex linkages between network structure, patenting, and various firm-level outcome measures Our results highlight the critical role of collaboration in determining the competitive advantage of individual biotech firms and in driving the evolution of the industry We also find that there are decreasing returns to network experience and diversity, suggesting that there are limits to the learning that occurs through interorganizational networks

The Capitalist Firm in the 21st Century: Emerging Patterns

Abstract: To appear in The Twenty-First Century Firm, P.J. DiMaggio, ed., Princeton University Press, forthcoming. I very much appreciate comments made by Paul DiMaggio, Neil Fligstein, Charles Tilly, Barry Wellman, and especially Steven Vallas, whose critical remarks were invaluable. I also benefited considerably from feedback from seminar participants at the Sociology department at North Carolina University, the Department of Business Studies at Uppsala University, the Strategy workshop at MIT’s Sloan School, the Social Organization Seminar at the University of Arizona, and the History, Technology, and Society program at Georgia Tech.