Dependent variable Social Capital Diversity of Partnerships Closeness Centrality Diversity of Partners with Repeated Transactions Number of Repeated Partners Closeness centrality is a firm-level index, indicating how central the firm is relative to all other firms in the social network. It is a normalized value ranging from 0 to 100 in percentages. When the index equals 100, it means the firm is maximally close to all other firms. When the index equals 0, one or more firms are not reachable from the firm in question. The number of different partners with repeated transactions indicates the intensity of relationships the firm has established in the social network.
Sales revenues reflect the extensiveness of the firm in exploiting current business operations.
The sales figures are for the year prior to when a product award was conferred. The number of years since the founding of the firm or the division reflects its exploitation of existing skills and knowledge.