This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two … price than a fully competitive duopoly. Being able to define the degree of knowledge exchange when creating a research joint …

oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable …, industry-profit maximizing and efficient. This result is in contrast with earlier contributions in private oligopoly where … under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper …

particular interest is hereby firms' embeddedness into subsidized cooperation networks. For the empirical analysis we utilize an …

standard price and quantity setting oligopoly models. We then study the relation between the number of joint projects and …