Individual and Social Incentives versus R&D Network Restriction
Alghamdi, Mohamad . 2019
This paper examines individual and social strategies to form profitable cooperation networks. These two types of strategies measure network stability and efficiency that may not meet in a single network. We apply restrictions on knowledge flows (R&D spillovers) and links formation to integrate these benefits into structures that ensure high outcomes for both strategies. The results suggest that linking the spillovers to the firms’ positions and restricting cooperation contribute to reducing the conflict between the individual and social strategies in the development of cooperative networks.
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…