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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

The Efficiency and Evolution of R&D Networks

König, Michael D.; Battiston, Stefano; Napoletano, M.; … - 2015

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/10014214498

R&D Networks : Theory, Empirics and Policy Implications

König, Michael D. - 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/10013056041

R&D networks : theory, empirics and policy implications

König, Michael D.; Liu, Xiaodong; Zenou, Yves - 2014 - This version: February 7, 2014

Persistent link: https://www.econbiz.de/10010360035

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/10010423836

The efficiency and evolution of R&D networks

König, Michael D.; Battiston, Stefano; Napoletano, M.; … - 2008

Persistent link: https://www.econbiz.de/10003762220

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

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

Breaking invisible barriers : does fast internet improve access to input markets?

Demir, Banu; Javorcik, Beata K. Smarzynska; Panigrahi, … - 2024

This paper explores how improved internet infrastructure impacts supply chains and economic activity, focusing on Türkiye. Using the expansion of fiber-optic networks and firm-to-firm transaction data, we find that better connectivity shifts input sourcing to well-connected regions and...

Persistent link: https://www.econbiz.de/10015164646

Assessing the supply chain effect of natural disasters : evidence from Chinese manufacturers

Längle, Katharina; Xu, Ankai; Tian, Ruijie - 2021 - Manuscript date: 12 July 2021

firm sourcing diversification as a way to increase resilience to adverse shocks. …This paper uses Chinese firm level data to detect the international propagation of adverse shocks triggered by the US … direct exposure to US supply shocks led to a temporary decline of firm exports between September and November 2005, although …

Persistent link: https://www.econbiz.de/10012614004