Not logged in.

Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Dynamic R&D networks with process and product innovations
Organization Unit
  • Michael D König
  • English
Institution University of Zurich
Series Name Working paper series / Department of Economics
Number 223
ISSN 1664-7041
Number of Pages 21
Date 2016
Abstract Text We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can benefit from R&D spillovers form collaborating firms within or across different industries. R&D spillovers help firms to introduce process innovations to lower their production costs. Product innovations introduce an escape-competition effect, through which firms can enter new markets with fewer competitors. We provide a complete equilibrium char- acterization in which both, the network of R&D collaborations as well as the market structure, are endogenously determined. We show that the coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model allows us to explain differences in the R&D network structures observed across different industries, and how they are related to different levels of competition in these industries.
Official URL
Related URLs
PDF File Download from ZORA
Export BibTeX
Keywords R&D collaborations, networks, competition, innovation, Netzwerk, Innovation, Forschung, Kollaboration, Wettbewerbsmodell