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The dynamics of innovations and citations
Journal article   Open access  Peer reviewed

The dynamics of innovations and citations

C Ghiglino and N Tabasso
ECONOMICS LETTERS, Vol.131, pp.94-97
01/06/2015

Abstract

Social Sciences Economics Business & Economics Citation dynamics Citation network Innovations Idea applicability SOCIAL NETWORKS
We present a model in which patent citations occur as new ideas are produced from combinations of existing ideas. An idea's usability in this process is represented as an interval in a variety space of ideas, whose length determines the likelihood of citation. This process endogenously derives exponential aging of patents, which is consistent with empirical observations. The endogeneity of aging sets our process apart from the standard preferential attachment literature.
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http://dx.doi.org/10.1016/j.econlet.2015.04.004View
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