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An Empirical investigation of the Determinants of R&D Cooperation

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Abstract

This paper is a contribution to the empirical literature on R&D cooperation. It explores the variables that determine a firm s R&D collaborative expenditure by means of a sample of Italian firms. A tobit model, adjusted for heteroscedasticity and non-normality (Inverse Hyperbolic Sin transformation to the dependent variable), is used to deal with the large number of zero responses. Size, public grants and innovation are found to be effective in determining the level of cooperative R&D expenditure. Absorptive capacity, expressed by the in-house stable R&D effort, also plays an important role. This is in line with the idea that internal R&D is required if a firm is to take advantage of the outcomes of external R&D investment.

Suggested Citation

  • OA Carboni, 2009. "An Empirical investigation of the Determinants of R&D Cooperation," Working Paper CRENoS 200909, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:200909
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    File URL: https://crenos.unica.it/crenos/node/2364
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    Cited by:

    1. Oliviero A. Carboni, 2013. "A spatial analysis of R&D: the role of industry proximity," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 22(8), pages 820-839, November.

    More about this item

    Keywords

    truncated and censored models; r&d cooperation; firm behaviour;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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