Understanding co-operative R&D activity: evidence from four European countries
This paper investigates co-operative research activity by firms using data from the 3rd Community Innovation Survey for four countries, France, Germany, Spain and the UK. We build on the Cassiman and Veugelers (CV) (2002) study of Belgian manufacturing firms, by incorporating information on the service sector, and considering the role of public support in affecting firms' decisions to co-operate. Our results support those in CV, in that we find a positive relationship between the likelihood of undertaking co-operative R&D and both incoming knowledge spillovers and the extent to which firms find strategic methods important in appropriating the returns to innovative activity. We find that public support is positively related to the probability of undertaking co-operative agreements particularly with regard to the likelihood of co-operation with the research base. We find some evidence, in particular for Spain, that firms carry out co-operative R&D to overcome excessive perceived risks and financial constraints.
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- Lopez, Alberto, 2008. "Determinants of R&D cooperation: Evidence from Spanish manufacturing firms," International Journal of Industrial Organization, Elsevier, vol. 26(1), pages 113-136, January.
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"Heterogeneity in R&D Cooperation Strategies,"
CEPR Discussion Papers
4021, C.E.P.R. Discussion Papers.
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"R&D cooperation and spillovers: Some empirical evidence,"
Economics Working Papers
328, Department of Economics and Business, Universitat Pompeu Fabra.
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- Cassiman, Bruno & Veugelers, Reinhilde, 2001. "R&D cooperation and spillovers: Some empirical evidence," IESE Research Papers D/430, IESE Business School.
- Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-96, September.
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