Journal of the Korean Society for Industrial and Applied Mathematics

Korean Society for Industrial and Applied Mathematics (한국산업응용수학회)
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INDIVIDUAL AND SOCIAL INCENTIVES VERSUS R&D NETWORK RESTRICTION

  • Received : 2019.09.06
  • Accepted : 2019.12.04
  • Published : 2019.12.25
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Abstract

This paper examines individual and social strategies to form profitable cooperation networks. These two types of strategies measure network stability and efficiency that may not meet in a single network. We apply restrictions on knowledge flows (R&D spillovers) and links formation to integrate these benefits into structures that ensure high outcomes for both strategies. The results suggest that linking the spillovers to the firms' positions and restricting cooperation contribute to reducing the conflict between the individual and social strategies in the development of cooperative networks.

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References

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