Fits and Misfits: Technological Matching and R & D Networks

Nicolas Jonard (), Robin Cowan and B. Sanditov ()
Additional contact information
B. Sanditov: CREA, University of Luxembourg

DEM Discussion Paper Series from Department of Economics at the University of Luxembourg

Abstract: This paper presents an economic model of R&D network formation through the creation of strategic alliances. Firms are randomly endowed with knowledge elements. They base their alliance decisions purely on the technological fit of potential part- ners, ignoring social capital considerations and indirect benefits on the network. This is sufficient to generate equilibrium networks with the small world properties of ob- served alliance networks, namely short pairwise distances and local clustering. The equilibrium networks are more clustered than "comparable" random graphs, while they have similar characteristic path length. Two extreme regimes of competition are examined, to show that while the competition has a quantitative effect on the equilibrium networks (density is lower with competition), the small world features of the equilibrium networks are preserved.

JEL-codes: D85 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-cse, nep-ino, nep-knm, nep-net, nep-sbm and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://wwwen.uni.lu/content/download/24104/292600/ ... 20R&D%20Networks.pdf (application/pdf)

Related works:
Working Paper: Fits and misfits: technological matching and R&D networks (2013)
Working Paper: Fits and misfits: technological matching and R&D networks (2013)
Working Paper: Fits and Misfits: Technological Matching and R&D Networks (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:luc:wpaper:09-12

Access Statistics for this paper

More papers in DEM Discussion Paper Series from Department of Economics at the University of Luxembourg Contact information at EDIRC.
Bibliographic data for series maintained by Marina Legrand ().