An Empirical investigation of the Determinants of R&D Cooperation
AbstractThis paper is a contribution to the empirical literature on R&D cooperation. It explores the variables that determine a firm s R&D collaborative expenditure by means of a sample of Italian firms. A tobit model, adjusted for heteroscedasticity and non-normality (Inverse Hyperbolic Sin transformation to the dependent variable), is used to deal with the large number of zero responses. Size, public grants and innovation are found to be effective in determining the level of cooperative R&D expenditure. Absorptive capacity, expressed by the in-house stable R&D effort, also plays an important role. This is in line with the idea that internal R&D is required if a firm is to take advantage of the outcomes of external R&D investment.
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Bibliographic InfoPaper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 200909.
Date of creation: 2009
Date of revision:
truncated and censored models; r&d cooperation; firm behaviour;
Find related papers by JEL classification:
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-02-20 (All new papers)
- NEP-CSE-2010-02-20 (Economics of Strategic Management)
- NEP-INO-2010-02-20 (Innovation)
- NEP-KNM-2010-02-20 (Knowledge Management & Knowledge Economy)
- NEP-ORE-2010-02-20 (Operations Research)
- NEP-SBM-2010-02-20 (Small Business Management)
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- OA. Carboni, 2012. "A Spatial Analysis of R&D: the Role of Industry Proximity," Working Paper CRENoS 201204, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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