Arbeitspapier

R&D collaboration networks in mixed oligopoly

We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This result is in contrast with earlier contributions in private oligopoly where under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper is that state-owned enterprises may be used as policy instruments in tackling the potential conflict between individual and collective incentives for R&D collaboration.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 2008,25

Classification
Wirtschaft
Game Theory and Bargaining Theory: General
Oligopoly and Other Imperfect Markets
Firm Objectives, Organization, and Behavior: General
Nonprofit Institutions; NGOs; Social Entrepreneurship
Public Enterprises; Public-Private Enterprises
Innovation and Invention: Processes and Incentives
Network Formation and Analysis: Theory
Subject
Networks
R&D Collaboration
Mixed Oligopoly
Betriebliche Forschung
Unternehmenskooperation
Forschungskooperation
Oligopol
Theorie

Event
Geistige Schöpfung
(who)
Zikos, Vasileios
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2008

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Zikos, Vasileios
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2008

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