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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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R&D networks : theory, empirics and policy implications
König, Michael D.; Liu, Xiaodong; Zenou, Yves - 2014 - This version: February 7, 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/10010360035
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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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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
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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
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R&D Networks : Theory, Empirics and Policy Implications
König, Michael - 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
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The Efficiency and Evolution of R&D Networks
Koenig, Michael; 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
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Resilience in vertical supply chains
Grossman, Gene M.; Helpman, Elhanan; Sabal, Alejandro - 2023
Persistent link: https://www.econbiz.de/10014443443
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Inter-firm R&D networks in the global pharmaceutical biotechnology industry during 1985 – 1998 : a conceptual and empirical analysis
Krogmann, Yin; Schwalbe, Ulrich - 2011
This paper analyses a large database on inter-firm R&D cooperation formed in the pharmaceutical biotechnology industry during the period 1985 - 1998. The results indicate that network size largely grows, whereas the density of the network declines during the periods. In the network analysis that...
Persistent link: https://www.econbiz.de/10009384892