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Determinants of R&D cooperation in Japanese high-tech start-ups

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  • Okamuro, Hiroyuki
  • Kato, Masatoshi
  • Honjo, Yuji

Abstract

This paper explores the determinants of R&D cooperation in Japanese hightech start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by the type of partners. Our findings indicate that founder-specific characteristics, such as educational background, academic affiliation, and prior innovation output, are fairly important in determining R&D cooperation with universities and public research institutes. We also provide evidence that founders' work experience and prior innovation output have positive and significant effects on R&D cooperation with business partners. With respect to firm-specific characteristics, it is found that firms investing more in R&D tend to engage in R&D cooperation, regardless of the type of partners. Furthermore, it is found that independent firms are less likely to cooperate on R&D with universities and public research institutes, than subsidiaries and affiliated firms.

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File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/18242/1/wp2009-7a.pdf
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Bibliographic Info

Paper provided by Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University in its series CEI Working Paper Series with number 2009-07.

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Length: 33 p.
Date of creation: Nov 2009
Date of revision:
Handle: RePEc:hit:hitcei:2009-07

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Keywords: Start-up; R&D cooperation; Founder; University; Business partner;

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  1. d'Aspremont, Claude & Jacquemin, Alexis, 1990. "Cooperative and Noncooperative R&D in Duopoly with Spillovers: Erratum," American Economic Review, American Economic Association, vol. 80(3), pages 641-42, June.
  2. Stam, Erik & Stel, Andre van, 2009. "Types of Entrepreneurship and Economic Growth," MERIT Working Papers 049, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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Cited by:
  1. Okamuro, Hiroyuki & Nishimura, Junichi, 2011. "Impact of University Intellectual Property Policy on the Performance of University-Industry Research Collaboration," CEI Working Paper Series 2011-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  2. Yuji Honjo & Masatoshi Kato & Hiroyuki Okamuro, 2014. "R&D investment of start-up firms: does founders’ human capital matter?," Small Business Economics, Springer, vol. 42(2), pages 207-220, February.

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