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The Network Structure of Innovation Networks

Shixun Wang () and Lihong Yang ()
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Shixun Wang: Fuzhou University
Lihong Yang: Nanjing Audit University

Networks and Spatial Economics, 2022, vol. 22, issue 1, No 3, 65-96

Abstract: Abstract We develop a model of R&D networks in which firms can choose to invest in R&D or to establish network links with other firms to absorb R&D spillovers in innovation networks. We characterize the network structure of firms' strategic R&D decisions in different types of spatial equilibrium. We further extend the theoretical framework to address empirical implications for the industry structure under cooperative R&D, firms' location choice, spatial agglomeration, and social capital allocation.

Keywords: Innovation networks; Spillover; Strategic R&D; Diffusion; Equilibrium (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s11067-021-09556-3

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