Some Restrictions on R&D Networks
Alghamdi, Mohamad . 2019
We use an R&D network model by Goyal and Moraga-Gonzalez [13] to maximize the equilibrium outcomes. We focus on the effectiveness of R&D expenditures and its effect on the outcomes. We find that characteristics of markets and networks influence values of the effectiveness. The change of this parameter has a negative impact on the individual and social outcomes.
[13] S. Goyal and J. L. Moraga-Gonzalez, R&D networks, Rand Journal of Economics 32 (2001), 686 – 707, https://econpapers.repec.org/article/rjerandje/v_3a32_3ay_3a2001_3ai_3a….
The paper investigates the influence of dense collaborative R&D structures between firms as stable standard networks on equilibrium outcomes.
The purpose of the paper is to define the basic conditions on cooperation of firms in research and development (R&D) to guarantee maximum outcomes.
This paper contributes to the empirical study of the cooperation of companies in research and development (R&D). The contribution is based primarily on the…