This paper models the formation of R&D networks in an industry where firms are technologically heterogenous, extending previous work by Goyal and Moraga (2001). While remaining competitors in the market side, firms share their R&D efforts on a pairwise base, to an extent that depends on their...

The paper investigates empirically the decision of firms to adopt 'Advanced Manufacturing Technologies' (AMT) based on a comprehensive specification of a 'rank model' of technology adoption using firm-level data for Swiss manufacturing. The explanatory variables include numerous dimensions of...