International R&D collaboration networks

Huasheng Song and Vincent Vannetelbosch

No 2005040, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

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.

Keywords: networks; R&D collaboration; subsidy (search for similar items in EconPapers)
JEL-codes: C70 F13 L13 L20 (search for similar items in EconPapers)
Date: 2005-06
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Related works:
Journal Article: INTERNATIONAL R&D COLLABORATION NETWORKS* (2007)
Working Paper: International R&D collaboration networks (2007)
Working Paper: International R&D Collaboration Networks (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2005040

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