HETEROGENEITY OF FIRM CAPABILITIES AND COOPERATIVE RESEARCH AND DEVELOPMENT: AN EMPIRICAL EXAMINATION OF MOTIVES

Mariko Sakakibara

Strategic Management Journal, 1997, vol. 18, issue S1, 143-164

Abstract: This article proposes capability heterogeneity of R&D consortia participants as a condition to distinguish two competing motives for cooperative R&D: cost‐sharing vs. skill‐sharing. An analysis of 398 questionnaire responses from participants in Japanese government‐sponsored R&D consortia finds that the relative importance of the cost‐sharing motive in R&D consortia increases when participants’ capabilities are homogeneous or projects are large, while the relative importance of the skill‐sharing motive in R&D consortia increases with heterogeneous capabilities. The skill‐sharing motive is likely to increase a firm’s R&D spending, implying an additional consideration for management’s evaluation of cooperative R&D participation, as well as adding a new public policy implication of cooperative R&D. © 1997 by John Wiley & Sons, Ltd.

Date: 1997
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https://doi.org/10.1002/(SICI)1097-0266(199707)18:1+3.0.CO;2-Y

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