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Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy

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Author Info
Branstetter, Lee
Sakakibara, Mariko
Abstract

Despite the existence of much theoretical research analyzing the potential benefits and costs of R&D consortia, there has been little corresponding empirical work on their efficacy. In this paper, the authors undertake a large-sample econometric study of Japanese government-sponsored research consortia. They find evidence that frequent participation in these consortia has a positive impact on research expenditure and research productivity. These results hold after controlling for the potential endogeneity of intensity of participation in consortia to participating firms' research productivity. Furthermore, the authors find evidence that part of this impact arises from the increased knowledge spillovers that take place within these consortia. Copyright 1998 by Blackwell Publishing Ltd

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Article provided by Blackwell Publishing in its journal Journal of Industrial Economics.

Volume (Year): 46 (1998)
Issue (Month): 2 (June)
Pages: 207-33
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Handle: RePEc:bla:jindec:v:46:y:1998:i:2:p:207-33

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  1. Masao Nakamura & Mariko Sakakibara, 2003. "Knowledge sharing in cooperative research and development," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(2-3), pages 117-132. [Downloadable!]
  2. Reka Horvath, 2001. "Cooperative research and firm performance," IEHAS Discussion Papers 0108, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
  3. Kozo Kiyota & Tetsuji Okazaki, 2005. "Foreign Technology Acquisition Policy and Firm Performance in Japan, 1957-1970: Micro-aspects of Industrial Policy," CIRJE F-Series CIRJE-F-329, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    Other versions:
  4. Takis Venetoklis & Aki Kangasharju, 2002. "Business Subsidies and Employment of Firms: Overall Evaluation and Regional Extension," VATT Discussion Papers 268, Government Institute for Economic Research (VATT). [Downloadable!]
  5. Jirjahn, Uwe & Kraft, Kornelius, 2006. "Do Spillovers Stimulate Incremental or Drastic Product Innovations? Hypotheses and Evidence from German Establishment Data," ZEW Discussion Papers 06-23, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  6. Lee Branstetter, 2000. "Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan's FDI in the United States," NBER Working Papers 8015, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Masao Nakamura & Mariko Sakakibara & Lee Branstetter, 2003. "Measuring the impact of US research consortia," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(2-3), pages 51-69. [Downloadable!]
  8. Chia Lin, CHANG & Stephane, ROBIN, 2004. "Innovation Strategy and Total Factor Productivity Growth : Micro Evidence from Taiwanese Manufacturing Firms," Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Discussion Paper 2004007, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). [Downloadable!]
  9. Lee G. Branstetter & Mariko Sakakibara, 2002. "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data," American Economic Review, American Economic Association, vol. 92(1), pages 143-159, March. [Downloadable!] (restricted)
  10. Lee G. Branstetter & Mariko Sakakibara, 2000. "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data," NBER Working Papers 7972, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  11. James D. Adams, 2000. "Endogenous R&D Spillovers and Industrial Research Productivity," NBER Working Papers 7484, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  12. Daniel Chudnovsky & Andrés López & Martín Rossi & Diego Ubfal, 2006. "Evaluating A Program of Public Funding of Private Innovation Activities. An Econometric Study of FONTAR in Argentina," OVE Working Papers 1606, Inter-American Development Bank, Office of Evaluation and Oversight (OVE). [Downloadable!]
  13. Gamal Atallah, 2004. "The Protection of Innovations," CIRANO Working Papers 2004s-02, CIRANO. [Downloadable!]
  14. Kozo Kiyota & Tetsuji Okazaki, 2004. "Foreign Technology Acquisition Policy and Firm Performance in Japan, 1957-1970: The Japanese Industrial Policy Revisited," CIRJE F-Series CIRJE-F-274, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
  15. Hannu Piekkola, 2005. "Public Funding of R&D and Growth: Firm-level Evidence from Finland," Discussion Papers 996, The Research Institute of the Finnish Economy. [Downloadable!]
  16. Lee Branstetter & Yoshiaki Nakamura, 2003. "Is Japan's Innovative Capacity in Decline?," NBER Working Papers 9438, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  17. Kangasharju, Aki & Venetoklis, Takis, 2002. "Effect of business subsidies on labour demand: overall evaluation with regional extensions," ERSA conference papers ersa02p172, European Regional Science Association. [Downloadable!]
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