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Aggregate fluctuations in adaptive production networks
König, Michael D. - 2016
shocks, or the propagation of shocks through the network. Firms can replace suppliers they have lost due to exit subject to … switching costs and search frictions. This enables us to study the impact of shocks on aggregate production in an adaptive … network, and we show that depending on the nature of the shocks, adaptivity can make the network more or less stable. …
Persistent link: https://www.econbiz.de/10011571266
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The transformation of the automotive industry toward electrification and its impact on global value chains: Inter-plant competition, employment, and supply chains
Rísquez Ramos, Mario; Ruiz-Gálvez, María Eugenia - In: European Research on Management and Business Economics … 30 (2024) 1, pp. 1-12
The automotive industry is undergoing a profound transformation in its transition to production of electric vehicles. This paper seeks to examine the main transformations taking place in global value chains in the automotive industry as a result of this transition. The analysis follows a...
Persistent link: https://www.econbiz.de/10014525689
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The transformation of the automotive industry toward electrification and its impact on global value chains : inter-plant competition, employment, and supply chains
Rísquez Ramos, Mario; Ruiz-Gálvez, María Eugenia - In: European research on management and business economics 30 (2024) 1, pp. 1-12
The automotive industry is undergoing a profound transformation in its transition to production of electric vehicles. This paper seeks to examine the main transformations taking place in global value chains in the automotive industry as a result of this transition. The analysis follows a...
Persistent link: https://www.econbiz.de/10014518863
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Dynamic R&D networks with process and product innovations
König, Michael D. - 2016
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....
Persistent link: https://www.econbiz.de/10011663182
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R&D networks: Theory, empirics and policy implications
König, Michael D.; Liu, Xiaodong; Zenou, Yves - 2014
We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
Persistent link: https://www.econbiz.de/10011282476
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Technology cycles in dynamic R&D networks
König, Michael D. - 2014
In this paper we study the coevolutionary dynamics of knowledge creation, diffusion and the formation of R&D collaboration networks. Differently to previous works, knowledge is not treated as an abstract scalar variable but represented by a portfolio of ideas that changes over time through...
Persistent link: https://www.econbiz.de/10011282510
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The Efficiency and Evolution of R&D Networks
König, Michael D.; Battiston, S.; Napoletano, M.; … - 2008
This work introduces a new model to investigate the efficiency and evolution of networks of firms exchanging knowledge in R&D partnerships. We first examine the efficiency of a given network structure in terms of the maximization of total profits in the industry. We show that the efficient...
Persistent link: https://www.econbiz.de/10011753159
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Dynamic R&D networks with process and product innovations
König, Michael D. - 2016 - This version: March 28, 2016
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....
Persistent link: https://www.econbiz.de/10011444454
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The efficiency and evolution of R&D networks
König, Michael D.; Battiston, Stefano; Napoletano, M.; … - 2008
This work introduces a new model to investigate the efficiency and evolution of networks of firms exchanging knowledge in R&D partnerships. We first examine the efficiency of a given network structure in terms of the maximization of total profits in the industry. We show that the efficient...
Persistent link: https://www.econbiz.de/10003762220
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The Effect of Entry on R&D Networks
Petrakis, Emmanuel - 2018
We investigate the effect of potential entry on the formation and stability of R&D networks considering farsighted firms. We show that the presence of a potential entrant often alters the incentives of incumbent firms to establish a link. In particular, incumbent firms may choose to form an...
Persistent link: https://www.econbiz.de/10012936660