Chief Editor
  • Prof. Christina Nikolova, PhD
Editorial Board
  • Prof. Christina Nikolova, PhD - UNWE
  • Prof. Elka Todorova, DSc. - UNWE
  • Prof. Maya Lambovska, DSc. - UNWE
  • Assoc. Prof. Todor Nedev, PhD - UNWE
  • Assoc. Prof. Dorina Kabakchieva, PhD - UNWE
  • Assoc. Prof. Paskal Zhelev, PhD - UNWE
Scientific Secretary
  • Assoc. Prof. Aleksandar Valkov, PhD - UNWE
Coordinator
  • Assist. Prof. Veselina Lyubomirova, PhD - UNWE
International Editorial Board
  • Damian Stantchev, PhD
    Edinburgh NAPIER University, UK

  • Ivaylo Vassilev, PhD
    University of Southampton,UK

  • Prof. Irina Kuzmina-Merlino, PhD
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Niculae Mihaita, PhD
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. John Rijsman, PhD
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Zoran Cekerevac, PhD
    “Union – Nikola Tesla” University in Belgrade, Serbia

Risk-Reward in Economics: Academic Career Genealogy
YEARBOOK OF UNWE
year 2023
Issue 1

Risk-Reward in Economics: Academic Career Genealogy

Abstract

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.

JEL: O32

Keywords

knowledge, genealogy, network analysis, organizational setting, academic career success
Download YB.2023.1.08.pdf
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ISSN (print): 1312-5486
ISSN (online): 2534-8949