INTERNATIONAL R&D COLLABORATION NETWORKS*

Huasheng Song and Vincent Vannetelbosch

Manchester School, 2007, vol. 75, issue 6, 742-766

Abstract: We reconsider the Goyal and Moraga‐González (Rand Journal of Economics, Vol. 32 (2001), pp. 686–707) model of strategic networks in order to analyse 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.

Date: 2007
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Citations: View citations in EconPapers (15)

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https://doi.org/10.1111/j.1467-9957.2007.01044.x

Related works:
Working Paper: International R&D collaboration networks (2007)
Working Paper: International R&D collaboration networks (2005)
Working Paper: International R&D Collaboration Networks (2005)
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