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We develop a model of strategic networks that captures two distinctive features of interfirm collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights the relationship between market competition, firms' incentives to invest in R&D, and the architecture of...
Persistent link: https://www.econbiz.de/10011257110
Innovation and technological change are central to the quest for regional development. In the globally … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …
Persistent link: https://www.econbiz.de/10011255948
-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …
Persistent link: https://www.econbiz.de/10011256057
We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10011257192