AbstractThis paper investigates how technological distance between firms affects their network of R&D alliances. Our theoretic model assumes that the benefit of an alliance between two firms is given by their technological distance. This benefit-distance relationship determines the ego-network of each firm as well as the overall network structure. Empirical relevance is confirmed for the bio-pharmaceutical industry. Although we find that the network structure is largely explained by firm size, technological distance determines the positioning of firms in the network.
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Bibliographic InfoPaper provided by Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg in its series Working Papers of BETA with number 2009-24.
Date of creation: 2009
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technological distance; research alliance; network formation; pharmaceutical industry.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-03 (All new papers)
- NEP-CSE-2009-07-03 (Economics of Strategic Management)
- NEP-INO-2009-07-03 (Innovation)
- NEP-KNM-2009-07-03 (Knowledge Management & Knowledge Economy)
- NEP-MIC-2009-07-03 (Microeconomics)
- NEP-NET-2009-07-03 (Network Economics)
- NEP-TID-2009-07-03 (Technology & Industrial Dynamics)
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