Evolutionary theories of technological change and industrial dynamics give primary importance to interaction between heterogeneous agents, endowed with complementary assets and competencies. Accordingly, support to co-operative R&D is central to technology policy, as a mean for increasing system connectivity, triggering virtuous cycles of learning and promoting variety. The paper investigates the “chemistry of technological co-operation”, relating its effectiveness and results to the partners’ relational research capacity, i.e. their ability to evaluate, integrate, process and exploit knowledge flows generated by the interaction. A functional specification for the relational research capacity is proposed and its properties are investigated. The formal analysis works as a guideline for the statement of research hypothesis related to the effectiveness of co-operative R&D programmes, to be tested on empirical grounds.
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Paper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number
00-3.