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The aim of this paper is to study emergent patterns of demand when there are social interactions between different consumers. Specially, our concern is with the case in which consumers' preferences are influenced by the consumption behaviour of others.
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Do world-leading researchers from developing countries contribute to upgrading locally, or do they disengage from the local context? The paper investigates the scientific collaborations of university-based science and technology researchers in the database of the South African National Research...
Persistent link: https://www.econbiz.de/10011046534
This paper presents an economic model of R&D network formation through the creation of strategic alliances. Firms are randomly endowed with knowledge elements. They base their alliance decisions purely on the technological fit of potential part- ners, ignoring social capital considerations and...
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