Determinants of R&D Cooperation in Small and Medium-Sized Enterprises
AbstractWe investigate the determinants of R&D cooperation in small and medium-sized enterprises (SMEs). Using firm-level data from the 2002 Korean Innovation Survey and applying a probit model with sample selection, we find that incoming spillovers of knowledge have a significant and positive impact on SMEs¡¯ decisions to engage in R&D cooperation. In particular, the effect of knowledge spillovers on R&D cooperation is much larger for smaller firms. Despite the importance of external knowledge for SMEs, the estimation results suggest that SMEs may be at a disadvantage in establishing external R&D linkages because of their absolute size limitations.
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Bibliographic InfoPaper provided by Research Institute for Market Economy, Sogang University in its series Working Papers with number 1204.
Length: 36 pages
Date of creation: 2012
Date of revision:
R&D Cooperation; Small and Medium-Sized Enterprises; Spillovers;
Other versions of this item:
- Hyunbae Chun & Sung-Bae Mun, 2012. "Determinants of R&D cooperation in small and medium-sized enterprises," Small Business Economics, Springer, vol. 39(2), pages 419-436, September.
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- 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-2012-08-23 (All new papers)
- NEP-CSE-2012-08-23 (Economics of Strategic Management)
- NEP-ENT-2012-08-23 (Entrepreneurship)
- NEP-INO-2012-08-23 (Innovation)
- NEP-SBM-2012-08-23 (Small Business Management)
- NEP-TID-2012-08-23 (Technology & Industrial Dynamics)
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