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Detail
ArtikelR&D Networks  
Oleh: Goyal, Sanjeev ; Moraga-Gonzalez, Jose Luis
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Rand Journal of Economics vol. 32 no. 4 (2001), page 686-707.
Topik: networks; R & D; networks
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: RR10.5
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelWe 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 collaboration networks. In the absence of firm rivalry, the complete network, where each firm collaborates with all others, is uniquely stable, industry - profit maximizing, and efficient. By contrast, under strong market rivalry the complete network is stable, but intermediate levels of collaboration and asymmetric networks are more attractive from a collective viewpoint. This suggests that competing firms may have excessive incentives to form collaborative links.
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