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The performance of research partnerships

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Author Info

  • Masao Nakamura

    (Faculty of Commerce, Institute of Asian Research and Faculty of Applied Science, University of British Columbia, 2053 Main Mall, Vancouver, BC, Canada, V6 T 1Z2)

  • Yannis Caloghirou
  • George Hondroyiannis
  • Nicholas S. Vonortas

    (The George Washington University, Washington, DC 20052, USA)

Abstract

This paper investigates partnership performance as perceived by individual partners. It taps into one of the most extensive sources of pertinent empirical information recently constructed in Europe. Partnership success is shown to depend significantly on the closeness of the cooperative research to the in-house R&D effort of the firm, on the firm's effort to learn from the partnership and its partners, and on the absence of problems of knowledge appropriation between partners. Firms use partnerships as vehicles of risk and uncertainty reduction by collaborating with competitors as well as with suppliers and buyers (but not with universities and public research institutes) when the research is far apart from their in-house R&D and when the expected outcome is not easily appropriable. Copyright © 2003 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/mde.1087
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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.

Volume (Year): 24 (2003)
Issue (Month): 2-3 ()
Pages: 85-99

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Handle: RePEc:wly:mgtdec:v:24:y:2003:i:2-3:p:85-99

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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976

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References

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  1. Nicholas S. Vonortas, 2000. "Multimarket contact and inter-firm cooperation in R&D," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 243-271.
  2. 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.
  3. Vonortas, Nicholas S., 1994. "Inter-firm cooperation with imperfectly appropriable research," International Journal of Industrial Organization, Elsevier, vol. 12(3), pages 413-435, September.
  4. J Michael Geringer & Louis Hebert, 1991. "Measuring Performance of International Joint Ventures," Journal of International Business Studies, Palgrave Macmillan, vol. 22(2), pages 249-263, June.
  5. Keith W. Glaister, 1996. "Strategic Motives For International Alliance Formation," Journal of Management Studies, Wiley Blackwell, vol. 33(3), pages 301-332, 05.
  6. Spence, Michael, 1984. "Cost Reduction, Competition, and Industry Performance," Econometrica, Econometric Society, vol. 52(1), pages 101-21, January.
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Citations

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Cited by:
  1. Michelle Crosby-Nagy, 2011. "Measuring the Role of Central and Eastern European Countries in World Drug Research," Transition Studies Review, Springer, vol. 18(1), pages 85-98, September.
  2. Albert N. Link & David Paton & Donald S. Siegel, 2003. "An Econometric Analysis of Trends in Research Joint Venture Activity," Rensselaer Working Papers in Economics 0305, Rensselaer Polytechnic Institute, Department of Economics.
  3. Kaiser, Ulrich & Kuhn, Johan M., 2012. "Long-run effects of public–private research joint ventures: The case of the Danish Innovation Consortia support scheme," Research Policy, Elsevier, vol. 41(5), pages 913-927.
  4. Constantine Manasakis & Emmanuel Petrakis & Vasileios Zikos, 2014. "Downstream Research Joint Venture with Upstream Market Power," Southern Economic Journal, Southern Economic Association, vol. 80(3), pages 782-802, January.
  5. Ki H. Kang & Jina Kang, 2009. "Does Partner Type Matter in R&D Collaboration for Product Innovation?," TEMEP Discussion Papers 200906, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Aug 2009.
  6. Yiannis Spanos, 2012. "Conditionally-mediated effects of scale in collaborative R&D," The Journal of Technology Transfer, Springer, vol. 37(5), pages 696-714, October.
  7. R. Núñez-Sánchez & A. Barge-Gil & A. Modrego-Rico, 2012. "Performance of knowledge interactions between public research centres and industrial firms in Spain: a project-level analysis," The Journal of Technology Transfer, Springer, vol. 37(3), pages 330-354, June.
  8. André Spithoven & Wim Vanhaverbeke & Nadine Roijakkers, 2013. "Open innovation practices in SMEs and large enterprises," Small Business Economics, Springer, vol. 41(3), pages 537-562, October.
  9. Martin Woerter, 2007. "Driving Forces for Research and Development Strategies : An Empirical Analysis Based on Firm-level Panel Data," KOF Working papers 07-184, KOF Swiss Economic Institute, ETH Zurich.

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