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Cooperative research and firm performance

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  • Reka Horvath

    (Universitat Autonoma de Barcelona, Departament d'Economia i d'Historia Economica)

Abstract

The aim of this paper is to provide a microeconometric analysis of the impact of research joint venture participation on productivity, using a large panel of around 6200 firms. The findings of the theoretical literature on this topic are ambiguous and there are very few empirical papers analyzing this problem. I find evidence that participation in research consortia increases productivity.

Suggested Citation

  • Reka Horvath, 2001. "Cooperative research and firm performance," CERS-IE WORKING PAPERS 0108, Institute of Economics, Centre for Economic and Regional Studies.
    • Handle: RePEc:has:discpr:0108
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    File URL: http://econ.core.hu/doc/dp/dp/reka2115.pdf
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    References listed on IDEAS

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    1. Lee Branstetter & Mariko Sakakibara, 1998. "Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 207-233, June.
    2. Geroski, P A, 1993. "Antitrust Policy towards Co-operative R&D Ventures," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 9(2), pages 58-71, Summer.
    3. Nickell, Stephen J, 1996. "Competition and Corporate Performance," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 724-746, August.
    4. Beath, John & Poyago-Theotoky, Joanna & Ulph, David, 1998. "Organization Design and Information-Sharing in a Research Joint Venture with Spillovers," Bulletin of Economic Research, Wiley Blackwell, vol. 50(1), pages 47-59, January.
    5. Lichtenberg, F.R., 1996. "The European Strategic Program for Research in Information Technologie (ESPRIT): An Ex-Post Analysis," Papers 96-09, Columbia - Graduate School of Business.
    6. 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).
    7. Richard Blundell & Stephen Bond, 2000. "GMM Estimation with persistent panel data: an application to production functions," Econometric Reviews, Taylor & Francis Journals, vol. 19(3), pages 321-340.
    8. Mariko Sakakibara, 1997. "Heterogeneity Of Firm Capabilities And Cooperative Research And Development: An Empirical Examination Of Motives," Strategic Management Journal, Wiley Blackwell, vol. 18(S1), pages 143-164, July.
    9. Kamien, Morton I & Muller, Eitan & Zang, Israel, 1992. "Research Joint Ventures and R&D Cartels," American Economic Review, American Economic Association, vol. 82(5), pages 1293-1306, December.
    10. Röller, Lars-Hendrik & Siebert, Ralph & Tombak, Mihkel, 1997. "Why Firms Form Research Joint Ventures: Theory and Evidence," CEPR Discussion Papers 1654, C.E.P.R. Discussion Papers.
    11. repec:bla:jindec:v:46:y:1998:i:2:p:207-33 is not listed on IDEAS
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    More about this item

    Keywords

    research joint ventures; firm performance; productivity;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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