Firm heterogeneity and the pattern of R&D collaborations
1
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
2 GAEL - Laboratoire d'Economie Appliquée de Grenoble
3 UGA UFR FEG - Université Grenoble Alpes - Faculté d'Économie de Grenoble
4 CREG - Centre de recherche en économie de Grenoble
5 Virginia Tech [Blacksburg]
6 DIW Berlin - Deutsches Institut für Wirtschaftsforschung
2 GAEL - Laboratoire d'Economie Appliquée de Grenoble
3 UGA UFR FEG - Université Grenoble Alpes - Faculté d'Économie de Grenoble
4 CREG - Centre de recherche en économie de Grenoble
5 Virginia Tech [Blacksburg]
6 DIW Berlin - Deutsches Institut für Wirtschaftsforschung
Pascal Billand
- Fonction : Auteur
- PersonId : 837255
Christophe Bravard
- Fonction : Auteur
- PersonId : 19363
- IdHAL : christophe-bravard
- IdRef : 072987758
Jacques Durieu
- Fonction : Auteur
- PersonId : 745490
- IdHAL : jacques-durieu
- ORCID : 0000-0002-1011-1316
- IdRef : 058054529
Résumé
We consider an oligopoly setting in which firms form pairwise collaborative links in R&D with other firms. Each collaboration generates a value that depends on the identity of the firms that collaborate. First, we provide properties satisfied by pairwise equilibrium networks and efficient networks. Second, we use these properties in two types of situation (1) there are two groups of firms, and the value of a collaboration is higher when firms belong to the same group; (2) some firms have more innovative capabilities than others. These two situations provide clear insights about how firms heterogeneity affects both equilibrium and efficient networks. We also show that the most valuable collaborative links do not always appear in equilibrium, and a public policy that increases the value of the most valuable links may lead to a loss of social welfare.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Firm heterogeneity and the pattern of R&D collaborations
|
Résumé |
en
We consider an oligopoly setting in which firms form pairwise collaborative links in R&D with other firms. Each collaboration generates a value that depends on the identity of the firms that collaborate. First, we provide properties satisfied by pairwise equilibrium networks and efficient networks. Second, we use these properties in two types of situation (1) there are two groups of firms, and the value of a collaboration is higher when firms belong to the same group; (2) some firms have more innovative capabilities than others. These two situations provide clear insights about how firms heterogeneity affects both equilibrium and efficient networks. We also show that the most valuable collaborative links do not always appear in equilibrium, and a public policy that increases the value of the most valuable links may lead to a loss of social welfare.
|
Auteur(s) |
Pascal Billand
1
, Christophe Bravard
2, 3
, Jacques Durieu
4, 3
, Sudipta Sarangi
5, 6
1
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 102550 )
- 93, chemin des Mouilles 69130 Écully
6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
2
GAEL -
Laboratoire d'Economie Appliquée de Grenoble
( 451855 )
- Domaine Universitaire - BATEG, 1241 rue des Résidences
38400 St Martin d'Hères
- France
3
UGA UFR FEG -
Université Grenoble Alpes - Faculté d'Économie de Grenoble
( 26012 )
- 1241 rue des Résidences - Domaine Universitaire - 38400 Saint-Martin-d'Hères
- France
4
CREG -
Centre de recherche en économie de Grenoble
( 1041466 )
- Faculté d'Économie de Grenoble Université Grenoble Alpes CS 40700 38058 Grenoble Cedex 9
- France
5
Virginia Tech [Blacksburg]
( 47147 )
- Virginia Polytechnic Institute and State University Blacksburg, VA 24061-0002
- États-Unis
6
DIW Berlin -
Deutsches Institut für Wirtschaftsforschung
( 153237 )
- Mohrenstraße 58, 10117 Berlin
- Allemagne
|
Langue du document |
Anglais
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Audience |
Internationale
|
Date de publication |
2019-05-01
|
Volume |
57
|
Numéro |
October - 4
|
Page/Identifiant |
1896-1914
|
Nom de la revue |
|
Domaine(s) |
|
Référence interne |
|
Mots-clés |
en
R&D collaborations, networks, link value heterogeneity
|
DOI | 10.1111/ecin.12789 |
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