“…Therefore, our results support the observations of Weber (2012) that external links allow for building a stronger position in a network and, consequently, can be monetized, suggesting that external links are to a certain extent a resource enhancer rather than a resource drainer. Thus our longitudinal study spanning over several years contradict predictions made based on 'snapshot' studies (Barnhurst, 2010;Chang & Himelboim, 2009;Chang et al, 2012;Himelboim, 2010;Sjøvaag et al, 2012;Tremayne, 2006;Weber & Monge, 2011). Looking at financial considerations, it is thus not a question of whether external linking is bad for the bottom line per se, but what kind of hyperlinking produces what kind of economic effect.…”