Measuring the economic impact of research joint ventures supported by the EU Framework Programme
The objective of this paper is to analyse the effects of international R&D cooperation on firms’ economic performance. Our approach, based on a complete data set with information about Spanish participants in research joint ventures supported by the EU Framework Programme during the period 1995–2005, establishes a recursive model structure to capture the relationship between R&D cooperation, knowledge generation and economic results, which are measured by labour productivity. In the analysis we take into account that the participation in this specific type of cooperative projects implies a selection process that includes both the self-selection by participants to join the consortia and the selection of projects by the European Commission to award the public aid. Empirical analysis has confirmed that: (1) R&D cooperation has a positive impact on the technological capacity of firms, captured through intangible fixed assets and (2) the technological capacity of firms is positively related to their productivity. Copyright Springer Science+Business Media, LLC 2012
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Laura Abramovsky & Elisabeth Kremp & Alberto López & Tobias Schmidt & Helen Simpson, 2005. "Understanding co-operative R&D activity: evidence from four European countries," IFS Working Papers W05/23, Institute for Fiscal Studies.
- Heckman, James, 2013.
"Sample selection bias as a specification error,"
Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
- Blanes, J. Vicente & Busom, Isabel, 2004.
"Who participates in R&D subsidy programs?: The case of Spanish manufacturing firms,"
Elsevier, vol. 33(10), pages 1459-1476, December.
- J. Vicente Blanes & Isabel Busom, 2004. "WHO PARTICIPATES IN R&D SUBSIDY PROGRAMS?. The case of Spanish Manufacturing Firms," Working Papers wpdea0407, Department of Applied Economics at Universitat Autonoma of Barcelona.
- Stefano Breschi & Lucia Cusmano, 2002. "Unveiling the Texture of a European Research Area: Emergence of Oligarchic Networks under EU Framework Programmes," KITeS Working Papers 130, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jul 2002.
- 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).
- Lee G. Branstetter & Mariko Sakakibara, 2002. "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data," American Economic Review, American Economic Association, vol. 92(1), pages 143-159, March.
- Zvi Griliches & Jacques Mairesse, 1984.
"Productivity and R&D at the Firm Level,"
in: R&D, Patents, and Productivity, pages 339-374
National Bureau of Economic Research, Inc.
- M. Ishaq Nadiri, 1993. "Innovations and Technological Spillovers," NBER Working Papers 4423, National Bureau of Economic Research, Inc.
- Hall, Bronwyn H. & Link, Albert N. & Scott, John T., 2000.
"Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program,"
Department of Economics, Working Paper Series
qt709852rk, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Hall, Bronwyn H & Link, Albert N & Scott, John T, 2001. " Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 87-98, January.
- Bronwyn H. Hall, Albert N. Link and John T. Scott., 2000. "Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program," Economics Working Papers E00-290, University of California at Berkeley.
- Bronwyn H. Hall & Albert N. Link & John T. Scott, 2001. "Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program," Development and Comp Systems 0012003, EconWPA.
- Loof, Hans & Heshmati, Almas, 2002.
"Knowledge capital and performance heterogeneity: : A firm-level innovation study,"
International Journal of Production Economics,
Elsevier, vol. 76(1), pages 61-85, March.
- Lööf, Hans & Heshmati, Almas, 2000. "Knowledge Capital and Performance Heterogeneity: A Firm Level Innovation Study," SSE/EFI Working Paper Series in Economics and Finance 387, Stockholm School of Economics, revised 14 Aug 2000.
- Michele Cincera & Lieselot Kempen & Bruno Van Pottelsberghe & Reinhilde Veugelers & Carolina Villegas Sanchez, 2003. "Productivity growth, R&D and the rôle of international collaborative agreements: some évidence for Belgian manufacturing companies," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 46(3), pages 107-140.
- Birgit Aschhoff & Tobias Schmidt, 2008.
"Empirical Evidence on the Success of R&D Cooperation—Happy Together?,"
Review of Industrial Organization,
Springer, vol. 33(1), pages 41-62, August.
- Aschhoff, Birgit & Schmidt, Tobias, 2006. "Empirical evidence on the success of R&D co-operation: Happy together?," ZEW Discussion Papers 06-59, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Van de Ven, Wynand P. M. M. & Van Praag, Bernard M. S., 1981. "The demand for deductibles in private health insurance : A probit model with sample selection," Journal of Econometrics, Elsevier, vol. 17(2), pages 229-252, November.
- Belderbos, Rene & Carree, Martin & Diederen, Bert & Lokshin, Boris & Veugelers, Reinhilde, 2004.
"Heterogeneity in R&D cooperation strategies,"
International Journal of Industrial Organization,
Elsevier, vol. 22(8-9), pages 1237-1263, November.
- repec:fth:inseep:9833 is not listed on IDEAS
- Benfratello, Luigi & Sembenelli, Alessandro, 2002. "Research joint ventures and firm level performance," Research Policy, Elsevier, vol. 31(4), pages 493-507, May.
- Mowery, David C. & Oxley, Joanne E. & Silverman, Brian S., 1998. "Technological overlap and interfirm cooperation: implications for the resource-based view of the firm," Research Policy, Elsevier, vol. 27(5), pages 507-523, September.
- Yannis Caloghirou & Stavros Ioannides & Nicholas S. Vonortas, 2003. "Research Joint Ventures," Journal of Economic Surveys, Wiley Blackwell, vol. 17(4), pages 541-570, 09.
- Luukkonen, Terttu, 1998. "The difficulties in assessing the impact of EU framework programmes," Research Policy, Elsevier, vol. 27(6), pages 599-610, September.
- Dekker, Ronald & kleinknecht, A.H., 2008. "The EU Framework Programs: Are they worth doing?," MPRA Paper 8503, University Library of Munich, Germany.
- Bruno Crépon & Emmanuel Duguet & Jacques Mairesse, 1998.
"Research, Innovation and Productivity : An Econometric Analysis at the Firm Level,"
98-33, Centre de Recherche en Economie et Statistique.
- Bruno Crepon & Emmanuel Duguet & Jacques Mairesse, 1998. "Research, Innovation And Productivity: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
- Bruno Crepon & Emmanuel Duguet & Jacques Mairesse, 1998. "Research, Innovation, and Productivity: An Econometric Analysis at the Firm Level," NBER Working Papers 6696, National Bureau of Economic Research, Inc.
- Nadiri, M.I., 1993. "Innovations and Technological Spillovers," Working Papers 93-31, C.V. Starr Center for Applied Economics, New York University.
- Luukkonen, Terttu, 2000. "Additionality of EU framework programmes1," Research Policy, Elsevier, vol. 29(6), pages 711-724, June.
- Ascension Barajas & Elena Huergo, 2010. "International R&D cooperation within the EU Framework Programme: empirical evidence for Spanish firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 19(1), pages 87-111.
- Roediger-Schluga, Thomas & Barber, Michael J., 2006. "The structure of R&D collaboration networks in the European Framework Programmes," MERIT Working Papers 036, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Hagedoorn, John & Link, Albert N. & Vonortas, Nicholas S., 2000. "Research partnerships1," Research Policy, Elsevier, vol. 29(4-5), pages 567-586, April.
- Bruno Cassiman & Reinhilde Veugelers, 2002. "R&D Cooperation and Spillovers: Some Empirical Evidence from Belgium," American Economic Review, American Economic Association, vol. 92(4), pages 1169-1184, September.
When requesting a correction, please mention this item's handle: RePEc:kap:jtecht:v:37:y:2012:i:6:p:917-942. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.