firms, network entrepreneurs, and local financiers on the market prices of loans. I show that such relations improve the … match of capital to ideas in the network even though the overall distribution of capital to ideas remains unchanged. This … particular, I show that there are market incentives for established firms to decrease the information gap between network …

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant …. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network … the presence of network externalities. By choosing compatible network goods, firms do not necessarily reduce the R …

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is … shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a …. Moreover, network externalities have an important impact in the dynamic evolution of the industry. Although in the long-run a …

importance of the interactions and linkages among acteurs and institutions involved in innovation and technology development of a … country and calls such a web of interaction a national innovation system. The theoretical and empirical analyses on national … systems of innovation lead to the conclusion that countries differ in the way in which knowledge flows and that innovation …

Nanomaterials are seen as a key technology for the 21st Century, and much is expected of them in terms of innovation … products. In this context, it seems all the more important for regions to put their own innovation systems in place, and to … conditions and configurations allow a regional innovation system to be competitive in a cutting-edge technology like …

The paper analyzes how geographical clustering of beneficiaries might affect the effectiveness of public innovation … facilitate innovation through knowledge spillovers and other localization advantages. Public innovation support programs may …

The majority of industrial organizations literature on network externalities looks at firm behavior under given market … characteristics. The present paper instead asks the question whether the presence of network externalities can change market … network operators and thereby gain a dominant position when network externalities are significant. The paper comes to the …

labor demand. Spatial agglomeration is more likely in situations where the innovation step is large and the probability for …