Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072102 | Games and Economic Behavior | 2012 | 20 Pages |
Abstract
⺠We model R&D collaboration networks with network-dependent indirect spillovers. ⺠We study which network architectures are efficient and/or stable. ⺠The marginal cost of collaborations and the industry size play a critical role. ⺠For intermediate costs, the efficient network has an asymmetric and nested structure. ⺠In large industries, efficient networks are not stable.
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Authors
Michael D. König, Stefano Battiston, Mauro Napoletano, Frank Schweitzer,