International R&D Collaboration Networks

Huasheng Song and Vincent Vannetelbosch

No 2005035, Discussion Papers (ECON - Département des Sciences Economiques) from Université catholique de Louvain, Département des Sciences Economiques

Abstract: We reconsider Goyal and Moraga-Gonzalez (Rand J. of Econ. 32 (2001), 686-707) model of strategic networks in order to analyze how government policies (e.g. subsidies) will affect the stability and efficiency of networks of R&D collaboration among three firms located in different countries. A conflict between stability and efficiency is likely to occur. When governments cannot subsidize R&D, this conflict will occur if public spillovers are not very small. However, when governments can subsidize R&D, the likelihood of a conflict is considerably reduced. Indeed, a conflict will arise only if public spillovers are very small or quite large.

Keywords: Network; R&D collaboration; Subsidy (search for similar items in EconPapers)
JEL-codes: C70 F13 L13 L20 (search for similar items in EconPapers)
Pages: 26
Date: 2005-05-01
New Economics Papers: this item is included in nep-bec, nep-ino, nep-net, nep-soc and nep-tid
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Related works:
Journal Article: INTERNATIONAL R&D COLLABORATION NETWORKS* (2007)
Working Paper: International R&D collaboration networks (2007)
Working Paper: International R&D collaboration networks (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvec:2005035

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