We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can … both, the network of R&D collaborations as well as the market structure, are endogenously determined. We show that the … coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …

initial adoption of their products by consumers located in a social network. The payoffs to the firms are the eventual number … of adoptions of their product through a competitive stochastic diffusion process in the network. This framework yields a … budgets of the players, and the underlying structure of the social network.We identify a general property of the adoption …