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Learning dynamics in research alliances: A panel data analysis

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  • Duso, Tomaso
  • Pennings, Enrico
  • Seldeslachts, Jo

Abstract

The aim of this paper is to empirically test the determinants of Research Joint Ventures' (RJVs) group dynamics. We develop a model based on learning and transaction cost theories, which represent the benefits and costs of RJV participation, respectively. According to our framework, firms at each period in time weigh the benefits against the costs of being an RJV member. RJV dynamics can then be interpreted as a consequence of this evolving trade-off over time. We look at entry, turbulence and exit in RJVs that have been set up under the US National Cooperative Research Act, which allows for certain antitrust exemptions in order to stimulate firms to co-operate in R&D. Accounting for unobserved project characteristics and controlling for inter-RJV interactions and industry effects, the Tobit panel regressions show the importance of group and time features for an RJVs evolution. We further identify an average RJVs long-term equilibrium size and assess its determining factors. Ours is a first attempt to produce robust stylized facts about co-operational short- and long-term dynamics, a neglected dimension in research co-operations, but an important element in understanding how collaborative learning works.

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  • Duso, Tomaso & Pennings, Enrico & Seldeslachts, Jo, 2010. "Learning dynamics in research alliances: A panel data analysis," Research Policy, Elsevier, vol. 39(6), pages 776-789, July.
  • Handle: RePEc:eee:respol:v:39:y:2010:i:6:p:776-789
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    Cited by:

    1. Taran Thune & Magnus Gulbrandsen, 2014. "Dynamics of collaboration in university–industry partnerships: do initial conditions explain development patterns?," The Journal of Technology Transfer, Springer, vol. 39(6), pages 977-993, December.
    2. Tomaso Duso & Lars-Hendrik Röller & Jo Seldeslachts, 2014. "Collusion Through Joint R&D: An Empirical Assessment," The Review of Economics and Statistics, MIT Press, vol. 96(2), pages 349-370, May.
    3. Francis Bidault & Thomas Hildebrand, 2012. "The distribution of partnerships benefits: Evidence from co-authorships in economics journals," ESMT Research Working Papers ESMT-12-08, ESMT European School of Management and Technology.
    4. Annalisa Caloffi & Marco Mariani & Fabrizia Mealli, 2013. "What kinds of R&D consortia enhance SMEs productivity? Evidence from a small-business innovation policy," "Marco Fanno" Working Papers 0172, Dipartimento di Scienze Economiche "Marco Fanno".
    5. Marco A. Marini & Maria L. Petit & Roberta Sestini, 2014. "Strategic timing in R&D agreements," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(3), pages 274-303, April.
    6. Rossi, Federica & Caloffi, Annalisa & Russo, Margherita, 2016. "Networked by design: Can policy requirements influence organisations' networking behaviour?," Technological Forecasting and Social Change, Elsevier, vol. 105(C), pages 203-214.
    7. Kavusan, K., 2015. "Essays on capability development through alliances," Other publications TiSEM 8eb736a5-b217-4718-ac13-d, Tilburg University, School of Economics and Management.
    8. Taran Thune & Magnus Gulbrandsen, 2016. "The impact of tensions on partnership development: a study of research and innovation partnerships in life science," Working Papers on Innovation Studies 20161210, Centre for Technology, Innovation and Culture, University of Oslo.
    9. Federica Rossi & Annalisa Caloffi & Margherita Russo, 2013. "Networked by design: Can policy constraints support the development of capabilities for collaborative innovation?," Management Working Papers 5, Birkbeck Department of Management, revised Jul 2013.

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