| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9872 |
| DP9872 R&D Networks: Theory, Empirics and Policy Implications | |
| Yves Zenou; Michael König; Xiaodong Liu | |
| 发表日期 | 2014-03-09 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that maximizes total welfare. We also identify the key firms, i.e. the firms whose exit would reduce welfare the most. We then structurally estimate our model using a panel dataset of R&D collaborations and annual company reports. We use our estimates to identify the key firms and analyze the impact of R&D subsidy programs. Moreover, we analyze temporal changes in the rankings of key firms and how these changes affect the optimal R&D policy. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Key firms Optimal subsidies R&d networks |
| URL | https://cepr.org/publications/dp9872 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538706 |
| 推荐引用方式 GB/T 7714 | Yves Zenou,Michael König,Xiaodong Liu. DP9872 R&D Networks: Theory, Empirics and Policy Implications. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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