Figure 1.

Figure 2.

Figure 3.

j_joss-2020-005_tab_005
| 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 | ||||||||
Changes in network 2009–2019_
| 2009 | 2019 | Change | ||
|---|---|---|---|---|
| Network density | 0.086 | 0.099 | □ | |
| Number of ties | 2227 | 2559 | 640 new ties | □ | 
| Jaccard index | 0.669 | |||
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 | ||||
Translation of effects to be tested into RSiena_
| Hypothesis | Effect | RSiena name | ForFormula | 
|---|---|---|---|
| Density effect | 
 | ||
| 1 | Firm activity | Outdegree-related activity (sqrt) effect | 
 | 
| 2 | Preferential attachment | Indegree-related popularity (sqrt) effect | 
 | 
| 3 | Firm-FUA assortativity | Out/in degree^(1/2) assortativity | 
 | 
| 4 | Network closure | Number of four-cycles | 
 | 
| 5 | Spatial spread | XW → X closure of covariate | 
X: network in the role of the dependent variable | 
| 
 | |||
| 6 | (FUA employment) | Covariate-related popularity | 
 | 
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 | – | 
j_joss-2020-005_tab_006
| 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 | |