International R&D collaboration networks
(2005)
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- Abstract
- We reconsider Goyal and Moraga-Gonzalez [Rand J. of Econ. 32 (2001), 686-707] model of strategic networks in order to analyze 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.
- Affiliations
Citations
Song, H., & Vannetelbosch, V. (2005). International R&D collaboration networks (ECON Discussion Papers 2005/35). https://hdl.handle.net/2078.5/128605