In this paper, we study, how social relations among the firm owners, employees influence their decision to form R&D collaborations with each other. We consider an oligopoly market set-up with n homogeneous firms. Each firm has a representative individual (owner/manager). We examine, how...

In this paper, we study how exogenously given social relations (e.g. friendship) among the firm owners/managers influence the formation of an R&D collaboration network among the firms. In our framework, firms, prior to competing in the market, invest in R&D collaborations with others which...