EconPapers    
Economics at your fingertips  
 

R&D Networks

Sanjeev Goyal and Jose Luis Moraga ()
Additional contact information
Jose Luis Moraga: Groningen University

No 00-075/1, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: We develop a model of strategic networks that captures two distinctive features of interfirm collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights the relationship between market competition, firms' incentives to invest in R&D, and the architecture of collaboration networks. In the absence of firm rivalry, the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing, and efficient. By contrast, under strong market rivalry the complete network is stable, but intermediate levels of collaboration and asymmetric networks are more attractive from a collective viewpoint. This suggests that competing firms may have excessive incentives to form collaborative links. This discussion paper has resulted in a publication in The Rand Journal of Economics , 2001, 32(4), 686-707.

Keywords: strategic alliances; networks; research and development (search for similar items in EconPapers)
JEL-codes: D21 D43 (search for similar items in EconPapers)
Date: 2000-09-14
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://papers.tinbergen.nl/00075.pdf (application/pdf)

Related works:
Journal Article: R&D Networks (2001)
Working Paper: R&D Networks (2000) Downloads
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:tin:wpaper:20000075

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().

 
Page updated 2019-10-21
Handle: RePEc:tin:wpaper:20000075