Risk-Reward in Economics: Academic Career Genealogy
DOI:
https://doi.org/10.37075/YB.2023.1.08Keywords:
Genealogy, Network analysis, Organizational setting, Academic career success, KnowledgeAbstract
In academia, fostering innovation through interdisciplinary knowledge recombination is essential for growth. However, the balance between novelty and skepticism poses challenges, particularly for early-stage researchers lacking established social capital. While prior studies suggest diverse academic training enhances career prospects, this quantitative genealogical analysis challenges this notion. Drawing on the Family Tree of Trade Economists database, this study finds that having multiple supervisors and diverse academic ancestry doesn’t guarantee academic success. Surprisingly, the presence of academic siblings (shared supervisors) significantly increases the likelihood of securing a tenured position, whereas academic cousins (shared grand-supervisors) show no significant impact. This study, at the nexus of innovation and organizational management literature, informs doctoral students aiming for academic success by emphasizing the strategic choice of affiliations.References
Alauddin, M. & Valadkhani, A. (2003). Causes and implications of the decline of the economics majors: a focus on Australia. Journal of Economic & Social Policy, 7(2), 68-90.
Barney, J. B. (2000). Firm resources and sustained competitive advantage. Economics Meets Sociology in Strategic Management (Ed. Baum, J. A. C. and Dobbin, F.), pp. 203-227.
Baruffaldi, Stefano, Visentin, Fabiana, & Conti, Annamaria (2016). The productivity of science & engineering PhD students hired from supervisors’ networks. Research Policy, 45(4), 785-796. DOI: https://doi.org/10.1016/j.respol.2015.12.006
Boudreau, Kevin J., Guinan, Eva C., Lakhani, Karim R., & Riedl, Christoph (2016). Looking Across and Looking Beyond the Knowledge Frontier: Intellectual Distance, Novelty, and Resource Allocation in Science. Management Science, 62(10), 2765-2783. DOI: https://doi.org/10.1287/mnsc.2015.2285
Bowen, R. M., Gulari, E., Abbott, M. R., Arvizu, D. E., Bassler, B. L., Benbow, C. P., & Pomeroy, J. M. (2023). National Science Board. National Science Board.
Broström, Anders (2019). Academic breeding grounds: Home department conditions and early career performance of academic researchers. Research Policy, 48(7), 1647-1665. DOI: https://doi.org/10.1016/j.respol.2019.03.009
Chariker, Julia H., Zhang, Yihang, Pani, John R., & Rouchka, Eric C. (2017). Identification of successful mentoring communities using network-based analysis of mentor–mentee relationships across Nobel laureates. Scientometrics, 111(3), 1733-1749. DOI: https://doi.org/10.1007/s11192-017-2364-4
Damoc, Adrian & Ioan, Ioan (2018). Multidisciplinarity in economics education and how it can shape economic thinking in the future. Proceedings of the International Conference on Business Excellence, pp. 263-275. DOI: https://doi.org/10.2478/picbe-2018-0024
Fleming, Lee (2001). Recombinant Uncertainty in Technological Search. Management Science, 47(1), 117-132. DOI: https://doi.org/10.1287/mnsc.47.1.117.10671
Frenken, Koen, Heimeriks, Gaston J., & Hoekman, Jarno (2017). What drives university research performance? An analysis using the CWTS Leiden Ranking data. Journal of Informetrics, 11(3), 859-872. DOI: https://doi.org/10.1016/j.joi.2017.06.006
HAMERMESH, DANIEL S. (2011). Beauty Pays. Beauty Pays. DOI: https://doi.org/10.2307/j.ctt7sjgz
Head, Keith, Li, Yao Amber, & Minondo, Asier (2018). Geography, Ties, and Knowledge Flows: Evidence from Citations in Mathematics (No. CEP Discussion Paper No. 1554). Centre for Economic Performance. DOI: https://doi.org/10.1162/rest_a_00771
Hoekman, Jarno, Frenken, Koen, & van Oort, Frank (2008). The geography of collaborative knowledge production in Europe. The Annals of Regional Science, 43(3), 721-738. DOI: https://doi.org/10.1007/s00168-008-0252-9
Hothorn, L. & Everett (2016). Statistics in toxicology using R. Boca Raton: CRC Press.
Kálmán, Orsolya, Horváth, László, Kardos, Dorottya, Kozma, Borbála, Feyisa, Mebrate Bekele, & Rónay, Zoltán (2022). Review of benefits and challenges of co‐supervision in doctoral education. European Journal of Education, 57(3), 452-468. DOI: https://doi.org/10.1111/ejed.12518
Koppman, S. (2016). Different like me: Why cultural omnivores get creative jobs. Administrative Science Quarterly, 61(2), 291-331.
KE Kram (1988). Mentoring at work: Developmental relationships in organizational life. University Press of America.
Liénard, Jean F., Achakulvisut, Titipat, Acuna, Daniel E., & David, Stephen V. (2018). Intellectual synthesis in mentorship determines success in academic careers. Nature Communications, 9(1), 4840. DOI: https://doi.org/10.1038/s41467-018-07034-y
Long, J. Scott, Allison, Paul D., & McGinnis, Robert (1979). Entrance into the Academic Career. American Sociological Review, 816-830. DOI: https://doi.org/10.2307/2094529
Ma, Yifang, Mukherjee, Satyam, & Uzzi, Brian (2020). Mentorship and protégé success in STEM fields. Proceedings of the National Academy of Sciences, 117(25), 14077-14083. DOI: https://doi.org/10.1073/pnas.1915516117
Malmgren, R. Dean, Ottino, Julio M., & Nunes Amaral, Luís A. (2010). The role of mentorship in protégé performance. Nature, 465(7298), 622-626. DOI: https://doi.org/10.1038/nature09040
Morrison, David A. (2016). Genealogies: Pedigrees and Phylogenies are Reticulating Networks Not Just Divergent Trees. Evolutionary Biology, 43(4), 456-473. DOI: https://doi.org/10.1007/s11692-016-9376-5
JS Mueller, S Melwani, & JA Goncalo (2012). The bias against creativity: Why people desire but reject creative ideas. Psychological science, 23(1), 13-17.
Newman, M. (2018). Networks. Oxford university press.
Ni, C., Sugimoto, C. R., & Jiang, J. (2022). Degree, Closeness, and Betweenness: Application of group centrality measurements to explore macro-disciplinary evolution diachronically. ISSI Society, pp. 605-616.
NDSU (2022). Welcome! - The Mathematics Genealogy Project. URL: https://www.genealogy.math.ndsu.nodak.edu (accessed 2024-01-13)
Nooteboom, Bart (2000). Learning by Interaction: Absorptive Capacity, Cognitive Distance and Governance. Journal of Management & Governance, 4(1), 69-92. DOI: https://doi.org/10.1023/a:1009941416749
Ragins, Belle Rose & Cotton, John L. (1999). Mentor functions and outcomes: A comparison of men and women in formal and informal mentoring relationships. Journal of Applied Psychology, 84(4), 529. DOI: https://doi.org/10.1037/0021-9010.84.4.529
Rossi, Luciano, Freire, Igor L., & Mena-Chalco, Jesús P. (2017). Genealogical index: A metric to analyze advisor–advisee relationships. Journal of Informetrics, 11(2), 564-582. DOI: https://doi.org/10.1016/j.joi.2017.04.001
Shu, Fei (2018). Does Interdisciplinary Integration Affect LIS Doctoral Students’ Publishing Productivity and Quality in North America?. Journal of Education for Library and Information Science, 59(3), 80-87. DOI: https://doi.org/10.3138/jelis.59.3.2018-0008.08
Sugimoto, Cassidy R., Ni, Chaoqun, Russell, Terrell G., & Bychowski, Brenna (2011). Academic genealogy as an indicator of interdisciplinarity: An examination of dissertation networks in Library and Information Science. Journal of the American Society for Information Science and Technology, 62(9), 1808-1828. DOI: https://doi.org/10.1002/asi.21568
The AFT (2022). The Academic Family Tree Database. URL: https://academictree.org (accessed retrieved January 2, 2023)
The FTTE (2022). The Family Tree of Trade Economists Database. URL: http://www-personal.umich.edu/~alandear/tree/INDEX.HTM (accessed retrieved November 16, 2022)
Trapido, Denis (2015). How novelty in knowledge earns recognition: The role of consistent identities. Research Policy, 44(8), 1488-1500. DOI: https://doi.org/10.1016/j.respol.2015.05.007
van Dam, Alje (2019). Diversity and its decomposition into variety, balance and disparity. Royal Society Open Science, 6(7), 190452. DOI: https://doi.org/10.1098/rsos.190452
van Dam, A. & Frenken, K. (2020). Vertical vs. Horizontal Policy in a Capabilities Model of Economic Development. Papers in Evolutionary Economic Geography (PEEG), 1-10. DOI: https://doi.org/10.48550/arXiv.2006.04624
van Dam, Alje, Gomez‐Lievano, Andres, Neffke, Frank, & Frenken, Koen (2022). An information‐theoretic approach to the analysis of location and colocation patterns. Journal of Regional Science, 1-41. DOI: https://doi.org/10.1111/jors.12621
Waaijer, Cathelijn J. F., Teelken, Christine, Wouters, Paul F., & van der Weijden, Inge C. M. (2017). Competition in Science: Links Between Publication Pressure, Grant Pressure and the Academic Job Market. Higher Education Policy, 31(2), 225-243. DOI: https://doi.org/10.1057/s41307-017-0051-y
Weitzman, M. L. (1998). Recombinant growth. The Quarterly Journal of Economics, 113(2), 331-360.
Wuestman, Mignon, Frenken, Koen, & Wanzenböck, Iris (2020). A genealogical approach to academic success. PLoS ONE, 15(12), e0243913. DOI: https://doi.org/10.1371/journal.pone.0243913
Wuestman, M. (2020). Peer Communities and Future Academic Success of Ph.D. Students.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Shima Trisna (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright to their works.
All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.
