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Determinants of R&D cooperation in Japanese high-tech start-ups

Author

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  • Okamuro, Hiroyuki
  • Kato, Masatoshi
  • Honjo, Yuji

Abstract

This paper explores the determinants of R&D cooperation in Japanese hightech start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by the type of partners. Our findings indicate that founder-specific characteristics, such as educational background, academic affiliation, and prior innovation output, are fairly important in determining R&D cooperation with universities and public research institutes. We also provide evidence that founders' work experience and prior innovation output have positive and significant effects on R&D cooperation with business partners. With respect to firm-specific characteristics, it is found that firms investing more in R&D tend to engage in R&D cooperation, regardless of the type of partners. Furthermore, it is found that independent firms are less likely to cooperate on R&D with universities and public research institutes, than subsidiaries and affiliated firms.

Suggested Citation

  • Okamuro, Hiroyuki & Kato, Masatoshi & Honjo, Yuji, 2009. "Determinants of R&D cooperation in Japanese high-tech start-ups," CEI Working Paper Series 2009-07, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hit:hitcei:2009-07
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    File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/18242/1/wp2009-7a.pdf
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    References listed on IDEAS

    as
    1. d'Aspremont, Claude & Jacquemin, Alexis, 1990. "Cooperative and Noncooperative R&D in Duopoly with Spillovers: Erratum," American Economic Review, American Economic Association, pages 641-642.
    2. Stam, Erik & Stel, Andre van, 2009. "Types of Entrepreneurship and Economic Growth," MERIT Working Papers 049, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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    Cited by:

    1. Hiroyuki Okamuro & Junichi Nishimura, 2013. "Impact of university intellectual property policy on the performance of university-industry research collaboration," The Journal of Technology Transfer, Springer, vol. 38(3), pages 273-301, June.
    2. Sara Fernández López & Braulio Pérez Astray & David Rodeiro Pazos & Nuria Calvo, 2015. "Are firms interested in collaborating with universities? An open-innovation perspective in countries of the South West European Space," Service Business, Springer;Pan-Pacific Business Association, vol. 9(4), pages 637-662, December.
    3. Felipe Rojas & Elena Huergo, 2016. "Characteristics of entrepreneurs and public support for NTBFs," Small Business Economics, Springer, vol. 47(2), pages 363-382, August.
    4. Yuji Honjo & Masatoshi Kato & Hiroyuki Okamuro, 2014. "R&D investment of start-up firms: does founders’ human capital matter?," Small Business Economics, Springer, vol. 42(2), pages 207-220, February.

    More about this item

    Keywords

    Start-up; R&D cooperation; Founder; University; Business partner;

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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