Further Results on R&D Networks: Effective Structure and Limitations
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. By taking into account different modes of the market competition, we examine the role of firms’ characteristics in a cooperation network in shaping the market structure and the effectiveness of R&D expenditure. We also examine the impact of the effectiveness on the equilibrium outcomes. The results show that the market size limits the process of competition between firms. Also, they show that the effectiveness plays a prominent role in changing the outcomes but does not change the optimal levels of cooperation in which the outcomes are maximized.
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…