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Knowledge distance and R&D collaboration in Cournot oligopoly

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  • Mauro Caminati

Abstract

A Cournot collaboration game is complemented with the hypothesis that the cost of R&D collaboration depends on firm’s directed knowledge distance with respect to potential R&D partners. The further hypothesis that directed distance may be non‐uniform and pair‐wise asymmetric reconciles theoretical predictions with qualitative evidence about concentration and multiplicity of components in industrial R&D networks. The welfare properties of sparse stable networks are also affected.

Suggested Citation

  • Mauro Caminati, 2021. "Knowledge distance and R&D collaboration in Cournot oligopoly," Metroeconomica, Wiley Blackwell, vol. 72(1), pages 57-81, February.
    • Handle: RePEc:bla:metroe:v:72:y:2021:i:1:p:57-81
    DOI: 10.1111/meca.12310
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