FIRM HETEROGENEITY AND THE PATTERN OF R&D COLLABORATIONS.

We consider an oligopoly setting in which firms form pairwise collaborative links in research and development with other firms. Each collaboration generates a value that depends on the identity of the firms that collaborate. First, we provide properties satisfied by pairwise equilibrium networks and...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 57; no. 4; pp. 1896 - 1915
Autores principales: Billand, Pascal, Bravard, Christophe, Durieu, Jacques, Sarangi, Sudipta
Formato: Artículo
Publicado: Wiley-Blackwell Oct2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Oct2019
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        10.1111/ecin.12789
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        atl: FIRM HETEROGENEITY AND THE PATTERN OF R&D COLLABORATIONS.
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        au:
          Billand, Pascal
          Bravard, Christophe
          Durieu, Jacques
          Sarangi, Sudipta
        affil:
          Professor, Universite de Lyon, Lyon F‐69003, France
          Universite Jean Monnet, St‐Etienne F‐42000, France
          CNRS, GATE Lyon St‐Etienne, St‐Etienne F‐42000, France
          Professor, Department of Economics, Université Grenoble‐Alpes, GAEL, GATE Lyon, F‐38000 Grenoble France
          Professor, Department of Economics, DIW Berlin Germany
          Department of Economics Virginia Tech, Blacksburg VA, 24061‐0316
      su:
        Social services
        Counterproductivity (Labor)
        Externalities
        Research & development
        Industrial costs
        Pharmaceutical industry
      sug:
        subj:
          Social services
          Counterproductivity (Labor)
          Externalities
          Pharmaceutical and medicine manufacturing
          Pharmaceutical Preparation Manufacturing
          Pharmaceuticals and pharmacy supplies merchant wholesalers
          Drugs and Druggists' Sundries Merchant Wholesalers
          Other Individual and Family Services
          Research and Development in Biotechnology
          Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
          Research & development
          Industrial costs
          Pharmaceutical industry
      ab: We consider an oligopoly setting in which firms form pairwise collaborative links in research and development with other firms. Each collaboration generates a value that depends on the identity of the firms that collaborate. First, we provide properties satisfied by pairwise equilibrium networks and efficient networks. Second, we use these properties in two types of situation: (1) there are two groups of firms, and the value of a collaboration is higher when firms belong to the same group; (2) some firms have more innovative capabilities than others. These two situations provide clear insights about how firms' heterogeneity affects both equilibrium and efficient networks. We also show that the most valuable collaborative links do not always appear in equilibrium, and a public policy that increases the value of the most valuable links may lead to a loss of social welfare.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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