Publication: Local contraction-stability and uniqueness
Local contraction-stability and uniqueness
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Hefti, A. (2013). Local contraction-stability and uniqueness (No. 112; Working Paper Series / Department of Economics).
Abstract
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In this paper 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 market as well as the overall market structure. We analyze incentives of firms to form R&D collaborations with other firms and the implications of these alliance decisions for the overall network structure. We provide a general charac
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L13
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Citations
Hefti, A. (2013). Local contraction-stability and uniqueness (No. 112; Working Paper Series / Department of Economics).
