Forming Stable R&D Networks in Different Market Structures

Mohamad Alghamdi ()
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Mohamad Alghamdi: Department of Mathematics, King Saud University

Annals of Economics and Finance, 2023, vol. 24, issue 1, 91-117

Abstract: The paper investigates the influence of dense collaborative R&D structures between firms as stable standard networks on equilibrium outcomes. Considering the different levels of competition, the discussion focuses on two topics: the effect of dense structure growth on outcomes and the effect of dense component formation on both the cooperative structure and economic outcomes. In the first topic, the competition limits cooperation between firms, which leads to the creation of less dense cooperative structures. In the second topic, although dense components are a better structure in both individual and social perspectives, they do not affect the overall cooperation structure.

Keywords: Stable networks; Network size; Market structures; Equilibria; Maximum outcomes (search for similar items in EconPapers)
JEL-codes: D21 L14 L22 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cuf:journl:y:2023:v:24:i:1:alghamdi

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