
Figure 1.
Schematic representation of our two-mode network.

Figure 2.
Overview of hypotheses
Table 1.
Changes in network 2009–2019.
| 2009 | 2019 | Change | ||
|---|---|---|---|---|
| Network density | 0.086 | 0.099 | □ | |
| Number of ties | 2227 | 2559 | 640 new ties 308 deleted ties 1919 maintained ties | □ |
| Jaccard index | 0.669 | |||

Figure 3.
Change in indegree distribution for the German FUAs.
Table 1.
Modeling results.
| Null model | Full model | |||||
|---|---|---|---|---|---|---|
| Estimate | Standard error | Convergence t-ratio | Estimate | Standard error | Convergence t-ratio | |
| Density | −1.0048 | (0.0398) | 0.0435 | −3.6868 | (0.2869) | 0.0304 |
| Preferential attachment | 0.4078 | (0.0560) | 0.0209 | |||
| Spatial proximity | 0.0070 | (0.0021) | 0.0162 | |||
| Employment | 0.8598 | (0.1261) | 0.0154 | |||
| Location expansion | 1.0295 | (0.1279) | 0.0286 | |||
| Network closure | 0.0132 | (0.0013) | 0.0354 | |||
| Assortativity | −0.3041 | (0.0391) | 0.0450 | |||
| Overall max. convergence ratio | 0.0435 | 0.2342 | ||||
Table 2.
Descriptive and modeling results for the three sectors.
| Financial sectors | Service sectors | Creative sectors | |
|---|---|---|---|
| Sub-sectors | Banking and finance, insurance | Law, accounting, management/IT consulting | Information and communication services, Design, architecture and engineering, advertising and media |
| #x03A3; | 35 firms | 56 firms | 36 firms |
| Jaccard index | 0.750 | 0.723 | 0.518 |
| Preferential attachment | −0.01 | 0.06 | 0.01 |
| FUA employment | 0.22 | 0.60 | 0.88 |
| Location expansion | – | 0.04 | 0.04 |
| Assortativity | – | −0.03 | – |
Table 4.
Translation of effects to be tested into RSiena.
| Hypothesis | Effect | RSiena name | ForFormula |
|---|---|---|---|
| Density effect |
s: effect; i: focal actor x i+: outgoing tie from i x ij =1 indicates presence of a tie from i to j x ij =0 indicates absence of a tie from i to j | ||
| 1 | Firm activity | Outdegree-related activity (sqrt) effect | |
| 2 | Preferential attachment | Indegree-related popularity (sqrt) effect |
Sum of the square roots of the indegrees of the others to whom i is tied |
| 3 | Firm-FUA assortativity | Out/in degree^(1/2) assortativity |
Differential tendency for actors with high outdegrees to be tied to actors with high indegrees |
| 4 | Network closure | Number of four-cycles
| |
| 5 | Spatial spread | XW → X closure of covariate |
X: network in the role of the dependent variable W: effects that determine the dynamics of network X (here: geographic distance) |
| |||
| 6 | (FUA employment) | Covariate-related popularity |
Sum of the covariate over all actors to whom i has a tie |
| Null model | Model 1 | Model 2 | Full model | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Estimate | Standard error | Convergence t-ratio | Estimate | Standard error | Convergence t-ratio | Estimate | Standard error | Convergence t-ratio | Estimate | Standard error | Convergence t-ratio | |
| Density | −1.0048 | (0.0398) | 0.0435 | −4.4373 | (0.1566) | −0.0639 | −5.4984 | (0.3784) | −0.0069 | −3.6868 | (0.2869) | 0.0304 |
| Preferential attachment | 0.4466 | (0.0155) | −0.0730 | 0.4583 | (0.0377) | 0.0122 | 0.4078 | (0.0560) | 0.0209 | |||
| Spatial proximity | 0.0151 | (0.0016) | −0.0308 | 0.0076 | (0.0019) | −0.0746 | 0.0070 | (0.0021) | 0.0162 | |||
| Location expansion | 0.2874 | (0.0504) | −0.0303 | 1.0295 | (0.1279) | 0.0286 | ||||||
| Network closure | 0.0007 | (0.0006) | −0.0152 | 0.0132 | (0.0013) | 0.0354 | ||||||
| FUA employment | 0.8598 | (0.1261) | 0.0154 | |||||||||
| Assortativity | −0.3041 | (0.0391) | 0.0450 | |||||||||
| Overall max. convergence ratio | 0.0435 | 0.0754 | 0.1570 | 0.2342 | ||||||||
| Banking and finance | |
|---|---|
| Deutsche Bank | HSH Nordbank AG |
| Commerzbank AG | Kreissparkasse Köln |
| DZ Bank AG | Deutsche Postbank AG |
| Landesbank Baden-Württemberg | DekaBank Deutsche Girozentrale |
| BayernLB | Berliner Volksbank |
| Hamburger Sparkasse AG | Gruppe Deutsche Börse |
| Landesbank Hessen-Thüringen | ING-DiBa AG |
| Sparkasse Köln Bonn | Aareal Bank AG |
| NordLB | |
| Logistics (3p and 4p) | |
|---|---|
| Deutsche Post AG | Hellmann Worldwide Logistics GmbH & Co. KG |
| Schenker AG | Hermes Germany GmbH |
| DACHSER Group SE & Co. KG | TNT Express GmbH |
| General Logistics Systems Germany GmbH & Co. KG | Rudolph Logistik Gruppe GmbH & Co. KG |
| Fiege Logistik | Oldendorff GmbH & Co. KG |
| Rhenus SE & Co. KG | Hapag-Lloyd AG |
| Kühne & Nagel (AG & Co.) KG | |
| Design, architecture and engineering | |
|---|---|
| Bilfinger SE | Brunei GmbH |
| HOCHTIEF Solutions AG | Altran Group |
| EDAG Engineering GmbH | Formel D GmbH |
| Bertrandt AG | Fichtner GmbH & Co. KG |
| FERCHAU Engineering GmbH | Drees & Sommer SE |
| Advertising and media | |
|---|---|
| Verlagsgruppe Georg von Holtzbrinck GmbH | BBDO Group Germany GmbH |
| Axel Springer SE | DuMont Mediengruppe GmbH & Co. KG |
| Hubert Burda Media Kommaditgesellschaft | Verlagsgesellschaft Madsack GmbH & Co. KG |
| Heinrich Bauer Verlag KG | Ernst Klett Aktiengesellschaft |
| Verlagsgruppe Passau GmbH | Rheinisch-Bergische Verlagsgesellschaft mbH |
| ProSiebenSat.1 Media SE | Süddeutscher Verlag GmbH |
| Law | |
|---|---|
| Freshfields Bruckhaus Deringer | Beiten Burkhardt |
| CMS Hasche Sigle | Gleiss Lutz |
| Clifford Chance | Rödl & Partner |
| Linklaters | Heuking Kühn Lüer Wojtek |
| Hengeler Mueller | Baker & McKenzie |
| Taylor Wessing | Allen & Overy |
| White & Case | Latham & Watkins |
| Luther | |
| Accounting | |
|---|---|
| PricewaterhouseCoopers GmbH | LBH-Steuerberatungsgesellschaft mbH |
| Wirtschaftsprüfungsgesellschaft | DHPG |
| Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft | BUST |
| KPMG AG Wirtschaftsprüfungsgesellschaft | FIDES Revision KG Wirtschaftsprüfungsgesellschaft |
| BDO AG Wirtschaftsprüfungsgesellschaft | Steuerberatungsgesellschaft |
| Treuhand Hannover GmbH | Buchstelle Landesbauernverband |
| ADS Allgemeine Deutsche Steuerberatungsgesellschaft mbH | Solidaris Revisions-GmbH Wirtschaftsprüfungsgesellschaft |
| BSB-GmbH | Steuerberatungsgesellschaft |
| Ebner Stolz | Dornbach |
| Warth & Klein Grant Thornton AG | FALK GmbH & Co KG Wirtschaftsprüfungsgesellschaft |
| Wirtschaftsprüfungsgesellschaft | Steuerberatungsgesellschaft |
| PKF Fasselt Schlage Partnerschaft mbB | ALPHA Steuerberatungsgesellschaft |
| Wirtschaftsprüfungsgesellschaft Rechtsanwälte | WTKOM AG |
| MUNKERT • KUGLER + PARTNER | BANSBACH GMBH Wirtschaftsprüfungsgesellschaft |
| Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft | Steuerberatungsgesellschaft |
| CURACON GmbH Wirtschaftsprüfungsgesellschaft | |
| WTS Group Aktiengesellschaft Steuerberatungsgesellschaft | |
| Information and communication services | |
|---|---|
| Microsoft Deutschland GmbH | Bechtle AG |
| DB Systel GmbH | Finanz Informatik GmbH & Co. KG |
| Atos IT Solutions and Services GmbH | DATEV |
| Fiducia & GAD IT AG | SAP SE |
| Software AG | 1&1 Versatel GmbH |
| United Internet Media GmbH | Lufthansa Systems GmbH & Co. KG |
| Computacenter AG & Co. oHG | Vodafone GmbH |
| Management and IT-consulting | |
|---|---|
| GfK SE | The Boston Consulting Group GmbH & Co. KG |
| Accenture GmbH | Itelligence AG |
| McKinsey & Company Inc. | Aareon AG |
| msg group GmbH | GFT Technologies |
| BearingPoint GmbH | Capgemini Deutschland GmbH |
| Sopra Steria GmbH | SQS Software Quality Systems AG |
| CANCOM SE | Roland Berger GmbH |
| Materna GmbH Information & Communications | Deloitte Consulting GmbH |
| Insurance | |
|---|---|
| Allianz SE | ARAG SE |
| R+V Versicherung AG | WWK Lebensversicherung aG |
| Münchener Rückversicherungs-Gesellschaft AG | DEVK Deutsche Eisenbahn Versicherung Sach- und |
| Generali Versicherung AG | HUK-Versicherungsverein aG Betriebliche |
| HUK-COBURG Haftpflicht-Unterstützungs-Kasse | Sozialeinrichtung der Deutschen Bahn |
| kraftfahrender Beamter Deutschlands a.G. | VHV Vereinigte Hannoversche Versicherung aG |
| AXA Konzern AG | Continentale Krankenversicherung aG |
| Gothaer Versicherungsbank VVaG | HDI Haftpflichtverband der Deutschen Industrie VVaG |
| Nürnberger Lebensversicherung AG | Alte Leipziger Lebensversicherung aG |
| SV SparkassenVersicherung | Basler Versicherung AG |