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An Empirical Evaluation of the Determinants of Research Joint Venture Formation

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorHernán, R.es
dc.contributor.authorMarín, Pedro L.es
dc.contributor.authorSiotis, Georgioses
dc.date.accessioned2014-05-30T09:49:00Z
dc.date.available2014-05-30T09:49:00Z
dc.date.issued2003-03es
dc.descriptionThis is the accepted version of the following article: Hernán, R., Marín, P. L. and Siotis, G. (2003), An empirical evaluation of the determinants of Research Joint Venture Formation. The Journal of Industrial Economics, 51(1), 75–89, which has been published in final form at: http://dx.doi.org/10.1111/1467-6451.00192en
dc.description.abstractThis paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs). A review of the theoretical literature highlights the difficulty of identifying testable hypotheses. Using a large database of European RJVs, we estimate a participation equation at the firm level using the logit procedure. We find that sectorial R&D intensity, industry concentration, firm size, technological spillovers, and past RJV participation positively influence the probability of forming RJVs. By contrast, patents' effectiveness reduce the likelihood of RJV formation. Last, country fixed effects suggest that firms from larger countries are less likely to participate in cross-border RJVs.en
dc.description.sponsorshipThis paper is part of the STEP TO RJV project, funded by the TSER programme of the European Commission, whose financial support is gratefully acknowledgeden
dc.description.statusPublicadoes
dc.format.extent15
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationJournal of Industrial Economics (2003), 51(1), 77-91en
dc.identifier.doi10.1111/1467-6451.00192
dc.identifier.issn0022-1821 (print)
dc.identifier.issn1467-6451 (online)
dc.identifier.publicationfirstpage77
dc.identifier.publicationissue1
dc.identifier.publicationlastpage91
dc.identifier.publicationtitleJournal of Industrial Economicsen
dc.identifier.publicationvolume51
dc.identifier.urihttps://hdl.handle.net/10016/5362
dc.language.isoenges
dc.publisherBlackwellen
dc.relation.publisherversionhttp://dx.doi.org/10.1111/1467-6451.00192
dc.rights© 2003 Blackwell Publishers Ltd.en
dc.rights.accessRightsopen accessen
dc.subject.ecienciaEconomíaes
dc.titleAn Empirical Evaluation of the Determinants of Research Joint Venture Formationen
dc.typeresearch article*
dc.type.hasVersionAM*
dc.type.reviewPeerRevieweden
dspace.entity.typePublication
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