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Cooperative research and firm performance

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  • Reka Horvath

    ()
    (Universitat Autonoma de Barcelona, Departament d'Economia i d'Historia Economica)

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    Abstract

    The aim of this paper is to provide a microeconometric analysis of the impact of research joint venture participation on productivity, using a large panel of around 6200 firms. The findings of the theoretical literature on this topic are ambiguous and there are very few empirical papers analyzing this problem. I find evidence that participation in research consortia increases productivity.

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    File URL: http://econ.core.hu/doc/dp/dp/reka2115.pdf
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    Bibliographic Info

    Paper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 0108.

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    Length: 26 pages
    Date of creation: 13 May 2001
    Date of revision:
    Handle: RePEc:has:discpr:0108

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    Related research

    Keywords: research joint ventures; firm performance; productivity;

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    References

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    1. Richard Blundell & Stephen Bond, 2000. "GMM Estimation with persistent panel data: an application to production functions," Econometric Reviews, Taylor & Francis Journals, vol. 19(3), pages 321-340.
    2. Branstetter, Lee & Sakakibara, Mariko, 1998. "Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 207-33, June.
    3. Beath, John & Poyago-Theotoky, Joanna & Ulph, David, 1998. "Organization Design and Information-Sharing in a Research Joint Venture with Spillovers," Bulletin of Economic Research, Wiley Blackwell, vol. 50(1), pages 47-59, January.
    4. Ralph Siebert, 1996. "The Impact of Research Joint Ventures on Firm Performance: An Empirical Assessment," CIG Working Papers FS IV 96-03, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    5. Röller, Lars-Hendrik & Siebert, Ralph & Tombak, Mihkel, 1997. "Why Firms Form Research Joint Ventures: Theory and Evidence," CEPR Discussion Papers 1654, C.E.P.R. Discussion Papers.
    6. Nickell, Stephen J, 1996. "Competition and Corporate Performance," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 724-46, August.
    7. Geroski, P A, 1993. "Antitrust Policy towards Co-operative R&D Ventures," Oxford Review of Economic Policy, Oxford University Press, vol. 9(2), pages 58-71, Summer.
    8. Lichtenberg, F.R., 1996. "The European Strategic Program for Research in Information Technologie (ESPRIT): An Ex-Post Analysis," Papers 96-09, Columbia - Graduate School of Business.
    9. 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.
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