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R&D Cooperation Between Firms---A Perceived Transaction Cost Perspective

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  • Klaus Brockhoff

    (Christian-Albrechts-Universität zu Kiel, Kiel, Germany)

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    Abstract

    Transaction cost is considered as an explanatory variable for the choice between markets and various organizational arrangements for performing some predefined tasks, such as engaging in private R&D. With respect to R&D cooperation between firms, we show that the perception of high transaction cost is related to certain characteristics of the firm and to the type of R&D task. We also show a relationship between the perception of transaction cost and the perceived success of the cooperation. The analysis sheds light on various determinants of transaction costs.

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    File URL: http://dx.doi.org/10.1287/mnsc.38.4.514
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    Bibliographic Info

    Article provided by INFORMS in its journal Management Science.

    Volume (Year): 38 (1992)
    Issue (Month): 4 (April)
    Pages: 514-524

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    Handle: RePEc:inm:ormnsc:v:38:y:1992:i:4:p:514-524

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    Related research

    Keywords: research and development; cooperation; transaction cost;

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    Cited by:
    1. Gallié, Emilie-Pauline & Roux, Pascale, 2008. "Forms and Determinants of R&D Collaborations: New Evidence on French Data," Economics Papers from University Paris Dauphine 123456789/5009, Paris Dauphine University.
    2. Zulima Fernández & María J. Nieto, 2005. "The Internet: Strategy And Boundaries Of The Firm," Business Economics Working Papers wb050101, Universidad Carlos III, Departamento de Economía de la Empresa.
    3. Subramanian, Annapoornima M. & Lim, Kwanghui & Soh, Pek-Hooi, 2013. "When birds of a feather don’t flock together: Different scientists and the roles they play in biotech R&D alliances," Research Policy, Elsevier, vol. 42(3), pages 595-612.
    4. Gallié, Emilie-Pauline & Roux, Pascale, 2010. "Forms and Determinants of R&D Collaborations: Evidence Based on French Data," Economics Papers from University Paris Dauphine 123456789/6963, Paris Dauphine University.
    5. Wegberg, M.J.A.M. & Witteloostuijn, A. van & Roscam Abbing, M., 1994. "Multimarket and multiproject collusion: why European integration may reduce intra--Community competition," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5373405, Tilburg University.

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