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We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive position in the...
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destruction leading to the obsolescence of existing technologies. We quantify the innovation gains from collaborations, and show … economy. Our efficiency analysis further allows us to study the effect of competition on innovation in R&D intensive …
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