Cita:
Journal of Industrial Economics (2003), 51(1), 77-91
ISSN:
0022-1821 (print) 1467-6451 (online)
DOI:
10.1111/1467-6451.00192
Agradecimientos:
This paper is part of the STEP TO RJV project, funded by the TSER programme of the European Commission, whose financial support is gratefully acknowledged
This 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 This 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.[+][-]
Nota:
This 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/10.1111/1467-6451.00192
