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Abstract:
We provide a network game to analyze the innovation network structure by incorporating endogenous R&D spillovers and diffusion effects, reconciling the limited types of innovation alliance in practice. In our network model, enterprises can actively choose to invest in R&D or establish links with others to absorb R&D spillovers. We characterize the network structure of enterprises' strategic R&D decisions in different types of spatial equilibrium. We further extend the theoretical framework to generate industry-specific implications under cooperative R&D, location choice, spatial agglomeration, and social capital allocation in innovation networks.
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Source :
JOURNAL OF BUSINESS RESEARCH
ISSN: 0148-2963
Year: 2022
Volume: 139
Page: 13-31
1 1 . 3
JCR@2022
1 0 . 5 0 0
JCR@2023
ESI Discipline: ECONOMICS & BUSINESS;
ESI HC Threshold:62
JCR Journal Grade:1
CAS Journal Grade:2
Cited Count:
WoS CC Cited Count: 13
SCOPUS Cited Count: 15
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 3
Affiliated Colleges: