EconPapers    
Economics at your fingertips  
 

Inter-organizational collaboration and financing constraints for R&D

Dirk Czarnitzki and Hanna Hottenrott ()

Economics Letters, 2017, vol. 161, issue C, 15-18

Abstract: R&D collaborations that combine resources and exploit complementary expertise contribute to the successful creation and implementation of new knowledge. Collaborative R&D may further be a way in which firms cope with financing constraints. Based on panel data for a large sample of R&D-active firms, findings provide empirical support for this hypothesis. Results show that collaborating firms rely less on internal funding for research than others even when accounting for firms’ selection into collaborations.

Keywords: Research and development; Liquidity constraints; Collaborative research; Industry-science links; Innovation policy (search for similar items in EconPapers)
JEL-codes: O31 O32 O38 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517303750
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:161:y:2017:i:c:p:15-18

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-12-21
Handle: RePEc:eee:ecolet:v:161:y:2017:i:c:p:15-18