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|Title:||International and National R& Networks in Unionized Oligopoly||Authors:||Kesavayuth, Dusanee
University of the Thai Chamber of Commerce
|Source:||Dusanee Kesavayuth, Vasileios Zikos (2013) International and National R& Networks in Unionized Oligopoly. International and National R& Networks in Unionized Oligopoly Vol.27 No.1, 18-37.||Abstract:||We study the endogenous formation of R& networks between two domestic and one foreign firms in a unionized oligopoly. We find that the equilibrium networks are sensitive to the extent of knowledge spillovers between networked firms. If spillovers are sufficiently low, the complete network will arise in equilibrium; however, if spillovers are sufficiently high, the foreign partialnetwork that includes a domestic and a foreign firm will arise. Moreover, for intermediate spillovers, no equilibrium network emerges. These results have implications for aggregate outcomes: equilibrium networks are not necessarily optimal in terms of aggregate effective R& and aggregate firm profits||URI:||https://scholar.utcc.ac.th/handle/6626976254/3483||Rights:||This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.|
|Appears in Collections:||RSO: Journal Articles|
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