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 propose a connection model for formation of networks having both positive and negative links. We define utility functions of a node and hence of a network by using balanced and unbalanced triads in the network. Further, using those utility functions we define strongly efficient...

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...