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Research Joint Ventures And International Competitiveness: Evidence From The National Cooperative Research Act

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  • Julie DeCourcy
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    Abstract

    In the USA, firms engaged in cooperative research and development (R&D) are accorded more lenient antitrust treatment by the National Cooperative Research Act (NCRA). An objective of the NCRA was to give American firms a competitive advantage over foreign firms. This article addresses whether the NCRA has had that effect. Analysis of panel data containing information on industry trade balance and cooperative R&D reveals that the trade balance in industries with participants in cooperative R&D is approximately $620 million higher than the trade balance in industries without participants in cooperative R&D. This suggests the possibility of improved competitiveness.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/10438590600661822
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.

    Volume (Year): 16 (2007)
    Issue (Month): 1 ()
    Pages: 51-65

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    Handle: RePEc:taf:ecinnt:v:16:y:2007:i:1:p:51-65

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    Related research

    Keywords: Cooperative R&D; Trade balance; Competitiveness; NCRA;

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    1. D. Leahy & J. P. Neary, 1997. "R&D spillovers and the case for industrial policy in an open economy," LSE Research Online Documents on Economics 20342, London School of Economics and Political Science, LSE Library.
    2. Barbara J. Spencer & James A. Brander, 1982. "International R&D Rivalry and Industrial Strategy," Working Papers 518, Queen's University, Department of Economics.
    3. Link, Albert N. & Paton, David & Siegel, Donald S., 2002. "An analysis of policy initiatives to promote strategic research partnerships," Research Policy, Elsevier, vol. 31(8-9), pages 1459-1466, December.
    4. Vonortas, Nicholas S., 1997. "Research joint ventures in the US," Research Policy, Elsevier, vol. 26(4-5), pages 577-595, December.
    5. 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.
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