| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078794 | International Journal of Industrial Organization | 2006 | 9 Pages |
Abstract
We study rival firms' incentives in quality-improving Research and Development (R&D) networks. The analysis stresses the role of free riding associated to collaboration, and three major consequences emerge: R&D efforts decrease with the number of partners, networks of alliances are over-connected as compared to the social optimum and the profit-maximizing number of alliances is possibly non-monotonic (decreasing then increasing) with respect to inverse measure of product differentiation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Frédéric Deroian, Frédéric Gannon,