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The Network Structure of Innovation Networks

Author

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  • Shixun Wang

    (Fuzhou University)

  • Lihong Yang

    (Nanjing Audit University
    Zhejiang University
    Renmin University of China)

Abstract

We develop a model of R&D networks in which firms can choose to invest in R&D or to establish network links with other firms to absorb R&D spillovers in innovation networks. We characterize the network structure of firms' strategic R&D decisions in different types of spatial equilibrium. We further extend the theoretical framework to address empirical implications for the industry structure under cooperative R&D, firms' location choice, spatial agglomeration, and social capital allocation.

Suggested Citation

  • Shixun Wang & Lihong Yang, 2022. "The Network Structure of Innovation Networks," Networks and Spatial Economics, Springer, vol. 22(1), pages 65-96, March.
  • Handle: RePEc:kap:netspa:v:22:y:2022:i:1:d:10.1007_s11067-021-09556-3
    DOI: 10.1007/s11067-021-09556-3
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