Arbeitspapier
R&D networks: Theory, empirics and policy implications
We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that maximizes total welfare. We also identify the key firms, i.e. the firms whose exit would reduce welfare the most. We then structurally estimate our model using a panel dataset of R&D collaborations and annual company reports. We use our estimates to identify the key firms and analyze the impact of R&D subsidy programs. Moreover, we analyze temporal changes in the rankings of key firms and how these changes affect the optimal R&D policy.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 142
- Klassifikation
-
Wirtschaft
Network Formation and Analysis: Theory
Contracting Out; Joint Ventures; Technology Licensing
Technological Change: Choices and Consequences; Diffusion Processes
- Thema
-
R&D networks
key firms
optimal subsidies
Industrieforschung
Forschungskooperation
Unternehmensnetzwerk
Nash-Gleichgewicht
Forschungsfinanzierung
Wohlfahrtsanalyse
Theorie
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
König, Michael D.
Liu, Xiaodong
Zenou, Yves
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Department of Economics
- (wo)
-
Zurich
- (wann)
-
2014
- DOI
-
doi:10.5167/uzh-93904
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- König, Michael D.
- Liu, Xiaodong
- Zenou, Yves
- University of Zurich, Department of Economics
Entstanden
- 2014
Ähnliche Objekte (12)
Social networks
Social Networks
Social norms in networks
Social Norms in Networks
Ethnic Networks and Employment Outcomes
Ethnic networks and employment outcomes
Crime and Networks: 10 Policy Lessons
Price Competition in Product Variety Networks
Key Players in Co-Offending Networks
Social networks and interactions in cities
The Role of Social Networks in Cultural Assimilation
Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities
Social networks
Social Networks
Social norms in networks
Social Norms in Networks
Ethnic Networks and Employment Outcomes
Ethnic networks and employment outcomes
Crime and Networks: 10 Policy Lessons
Price Competition in Product Variety Networks
Key Players in Co-Offending Networks
Social networks and interactions in cities
The Role of Social Networks in Cultural Assimilation
Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities
Social networks
Social Networks
Social norms in networks
Social Norms in Networks
Ethnic Networks and Employment Outcomes
Ethnic networks and employment outcomes
Crime and Networks: 10 Policy Lessons
Price Competition in Product Variety Networks
Key Players in Co-Offending Networks
Social networks and interactions in cities
The Role of Social Networks in Cultural Assimilation