Figure 2
From: Open innovation, networking, and business model dynamics: the two sides
Relations between small innovative companies (SI) and their partners. Relations between small innovative (SI) companies and their partners, in particular, the large players in the industry and in the financial sphere (big pharmaceutical companies and large venture capital firms in the chosen example). Source: proprietary database of alliances for the pharmaceutical industry and VentureXpert database for the venture capital industry. Visugraph software is used for network visualization. Nodes in the networks represent firms and links represent legal binding agreements between firms.