An Empirical Evaluation of the Determinants of Research Joint Venture Formation

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Show simple item record Hernán, R. Marín, Pedro L. Siotis, Georges 2014-05-30T09:49:00Z 2014-05-30T09:49:00Z 2003-03
dc.identifier.bibliographicCitation Journal of Industrial Economics (2003), 51(1), 77-91
dc.identifier.issn 0022-1821 (print)
dc.identifier.issn 1467-6451 (online)
dc.description 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:
dc.description.abstract 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.
dc.description.sponsorship 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
dc.format.extent 15
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Blackwell
dc.rights © 2003 Blackwell Publishers Ltd.
dc.title An Empirical Evaluation of the Determinants of Research Joint Venture Formation
dc.type article PeerReviewed
dc.description.status Publicado
dc.subject.eciencia Economía
dc.identifier.doi 10.1111/1467-6451.00192
dc.rights.accessRights openAccess
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 77
dc.identifier.publicationissue 1
dc.identifier.publicationlastpage 91
dc.identifier.publicationtitle Journal of Industrial Economics
dc.identifier.publicationvolume 51
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