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The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …. This ignores a potential adverse selection problem. The present paper analyzes the procurement of innovations when the …
Persistent link: https://www.econbiz.de/10003848872
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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This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …
Persistent link: https://www.econbiz.de/10009784064
coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …
Persistent link: https://www.econbiz.de/10011444454
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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moments and considering the literature on the employment impact of innovation. We find that networks, which can be interpreted … as a form of open innovation, have a positive impact on employment; moreover, this impact appears positively influenced … by sectoral and regional heterogeneity of firms and the region's innovation capacities. Overall, the results suggest that …
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