Complementarity in R&D cooperation strategies

Rene Belderbos, Martin Anthony Carree and Boris Lokshin

No 13, Research Memoranda from Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization

Abstract: This paper assesses the performance effects of simultaneous engagement in R&D cooperation with different partners (competitors, clients, suppliers, and universities and research institutes). We test whether these different types of R&D cooperation are complements in improving productivity. The results suggest that the joint adoption of cooperation strategies could be either beneficial or detrimental to firm performance, depending on firm size and specific strategy combinations. Customer cooperation helps to increase market acceptance and diffusion of product innovations and enhances the impact ofcompetitor and university cooperation. On the other hand, smaller firms also face diseconomies in pursuing multiple R&D cooperation strategies, which may stem from higher costs and complexity of simultaneously managing multiple partnerships with different innovation objectives.

Keywords: management and organization theory (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-cse, nep-ino and nep-mic
Date: 2006
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Journal Article: Complementarity in R&D Cooperation Strategies (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:dgr:umamet:2006013

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