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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/10011084484
This Paper studies the effect of knowledge diffusion on the incentives for developed countries’ (DC) firms to undertake … costly transfer of production knowledge of an input to their developing countries’ (LDC) suppliers whose costs of production … vary inversely with their technological effort. We distinguish between upstream knowledge diffusion, which occurs when the …
Persistent link: https://www.econbiz.de/10005136533
, while introducing some modifications that transform it into an open economy endogenous growth model with knowledge … accumulation. Knowledge accumulation is determined in part by the extent of knowledge spillovers from abroad and the extent to … which each country is exposed to the knowledge stocks of other countries. The degree of this exposure is assumed to be …
Persistent link: https://www.econbiz.de/10005136567
of their trade. The model developed here emphasizes the role that knowledge spillovers emanating from heightened trade …
Persistent link: https://www.econbiz.de/10005666425
depends upon the relative strength of knowledge diffusion and increasing dominance. The first effect enhances challengers … relevant knowledge that had diffused through the industry. …
Persistent link: https://www.econbiz.de/10005666741
The twofold function of condom use – contraception and sexually transmitted disease protection – should be taken into account when understanding attitudes towards this practice. Emphasis on the interpretation of condom use as a protective practice conflicts with the norms of fidelity and...
Persistent link: https://www.econbiz.de/10010906400
The factors driving the disparity in health outcomes between Indigenous and non-Indigenous Australians continue to be poorly understood. Despite this, studies confirm that social connections are a very important part of Indigenous life, and it is likely these connections play an important role...
Persistent link: https://www.econbiz.de/10010939553
Many studies have used self-reported dyadic data without exploiting the pattern of discordant answers. In this paper we propose a maximum likelihood estimator that deals with mis-reporting in a systematic way. We illustrate the methodology using dyadic data on inter-household transfers from the...
Persistent link: https://www.econbiz.de/10011272706
Using the regression discontinuity design of close gubernatorial elections in the U.S., we identify a significant and positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected governors increase their value by 3.89%. Political...
Persistent link: https://www.econbiz.de/10011249372
The aim of this paper is to provide a new mechanism based on social interactions explaining why minority workers have worse labor-market outcomes than majority workers. Building on Granovetter's idea that weak ties are superior to strong ties for providing support in getting a job, we develop a...
Persistent link: https://www.econbiz.de/10009322974