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Research joint ventures: the role of public research institutes

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Author Info

  • Tatiana Alonso

    (NERA)

  • Pedro Marín

    ()
    (Universidad Carlos III de Madrid and CEPR)

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    Abstract

    In this paper, we identify the main determinants of firms’ decision to include public research institutes in their R&D cooperation agreements. To this end, we estimate the probability that they take such a decision by applying a probit model to a dataset on Research Joint Ventures developed under the umbrella of the Eureka initiative, a pan-European programme. These data were gathered from a survey of the main partner companies of individual projects. The results show that the size of the main partner, the search for new relationships, the possibility of sharing costs, the research design and the project’s main targets stand out as some of the main explanatory variables in the model (Copyright: Fundación SEPI)

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    Bibliographic Info

    Article provided by Fundación SEPI in its journal Investigaciones Económicas.

    Volume (Year): 28 (2004)
    Issue (Month): 2 (May)
    Pages: 213-231

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    Handle: RePEc:iec:inveco:v:28:y:2004:i:2:p:213-231

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    Postal: Investigaciones Economicas Fundación SEPI Quintana, 2 (planta 3) 28008 Madrid Spain
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    Related research

    Keywords: University-industry partnership; Research Joint Ventures; R&D; Eureka.;

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    References

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    1. Hall, Bronwyn & Link, Albert & Scott, John, 2010. "Universities as Research Partners," Working Papers 10-9, University of North Carolina at Greensboro, Department of Economics.
    2. Richard C. Levin & Alvin K. Klevorick & Richard R. Nelson & Sidney G. Winter, 1988. "Appropriating the Returns from Industrial R&D," Cowles Foundation Discussion Papers 862, Cowles Foundation for Research in Economics, Yale University.
    3. Cassiman, Bruno & Veugelers, Reinhilde, 1999. "R&D Cooperation and Spillovers: Some Empirical Evidence," CEPR Discussion Papers 2330, C.E.P.R. Discussion Papers.
    4. Kamien, Morton I & Muller, Eitan & Zang, Israel, 1992. "Research Joint Ventures and R&D Cartels," American Economic Review, American Economic Association, vol. 82(5), pages 1293-306, December.
    5. Roberto Hern·n & Pedro L. MarÌn & Georges Siotis, 2003. "An empirical evaluation of the determinants of Research Joint Venture Formation," Journal of Industrial Economics, Wiley Blackwell, vol. 51(1), pages 75-89, 03.
    6. Marín Uribe, Pedro Luis & Siotis, Georges, 2002. "Public Policies Towards Research Joint Venture Formation: Designs and Outcomes," CEPR Discussion Papers 3772, C.E.P.R. Discussion Papers.
    7. Petit, Maria Luisa & Tolwinski, Boleslaw, 1999. "R&D cooperation or competition?," European Economic Review, Elsevier, vol. 43(1), pages 185-208, January.
    8. Geuna, Aldo, 1998. "Determinants of university participation in EU-funded R & D cooperative projects," Research Policy, Elsevier, vol. 26(6), pages 677-687, February.
    9. Lars-Hendrik Röller & Mihkel M. Tombak & Ralph Siebert, 1998. "The Incentives to Form Research Joint Ventures: Theory and Evidence," CIG Working Papers FS IV 98-15, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    10. Mansfield, Edwin, 1985. "How Rapidly Does New Industrial Technology Leak Out?," Journal of Industrial Economics, Wiley Blackwell, vol. 34(2), pages 217-23, December.
    11. Bruce Kogut, 1991. "Joint Ventures and the Option to Expand and Acquire," Management Science, INFORMS, vol. 37(1), pages 19-33, January.
    12. Leyden, Dennis Patrick & Link, Albert N., 1999. "Federal laboratories as research partners," International Journal of Industrial Organization, Elsevier, vol. 17(4), pages 575-592, May.
    13. Katsoulacos, Yannis & Ulph, David, 1998. "Endogenous Spillovers and the Performance of Research Joint Ventures," Journal of Industrial Economics, Wiley Blackwell, vol. 46(3), pages 333-57, September.
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    Cited by:
    1. Marco Marini & Maria Luisa Petit & Roberta Sestini, 2012. "Strategic Timing in R&D Agreements," DIAG Technical Reports 2012-07, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".

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