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R&D cooperation and spillovers: Some empirical evidence

  • Cassiman, Bruno

    ()

    (IESE Business School)

  • Veugelers, Reinhilde

    (Universiteit Leuven)

Different aspects of external information flows have typically been lumped together under the name "spillovers". We attempt to refine our understanding of external information flows through the construction of firm-specific measures of incoming spillovers and appropriability from survey data on Belgian manufacturing firms. Incoming spillovers measure the importance of publicly available information for the innovation process of the firm. Appropriability is defined as the effectiveness of several protection mechanisms for appropriating the benefits of successful innovations. The importance of this distinction between incoming spillovers and appropriability is revealed when contrasting their effects on different types of cooperative agreements. The decision to cooperate with research institutes is mainly affected by the level of incoming spillovers, while appropriability plays an important role for cooperating with suppliers or customers.

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Paper provided by IESE Business School in its series IESE Research Papers with number D/430.

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Length: 31 pages
Date of creation: 15 Jan 2001
Date of revision:
Handle: RePEc:ebg:iesewp:d-0430
Contact details of provider: Postal: IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN
Web page: http://www.iese.edu/

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