Coopetition for Sustainable Competitiveness: R&D Collaboration in Perspective of Productivity

Youngwook Ko, Yanghon Chung and Hangyeol Seo
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Youngwook Ko: School of Business and Technology Management, Korea Advanced Institute of Science and Technology, Daejeon 34141, Korea
Yanghon Chung: School of Business and Technology Management, Korea Advanced Institute of Science and Technology, Daejeon 34141, Korea
Hangyeol Seo: School of Business, Chungbuk National University, Cheongju 28644, Korea

Sustainability, 2020, vol. 12, issue 19, 1-18

Abstract: This study explores the effect of coopetition on research and development (R&D) productivity in two stages of the innovation process: (1) value creation to develop new technology and (2) value appropriation to generate profits. Using a sample from the 2010 and 2014 Korea Innovation Survey, we applied the propensity score matching methodology to control selective bias and the two-stage network data envelopment analysis methodology to measure R&D productivity. Our findings indicate that firms who cooperate with competitors in the value creation stage have relatively higher R&D productivity than those who do not. In contrast, firms that pursue the coopetition strategy showed relatively low R&D productivity in the value appropriation stage. Overall, this study provides a better understanding of coopetition by demonstrating its various benefits, costs, and risks.

Keywords: coopetition; value creation; value appropriation; R& D productivity (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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