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Determinants of R&D cooperation in Japanese start-ups

Hiroyuki Okamuro, Masatoshi Kato and Yuji Honjo

Research Policy, 2011, vol. 40, issue 5, 728-738

Abstract: This paper explores the determinants of R&D cooperation in Japanese start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by type of partners. Our findings indicate that founder-specific characteristics such as educational background, prior innovation output, and affiliation to academic associations are fairly important in determining R&D cooperation with academic institutes (universities and public research institutes). We also provide evidence that founders' prior innovation output and work experience have positive and significant effects on R&D cooperation with business partners. With respect to firm-specific characteristics, it is found that firms investing more in R&D tend to engage in R&D cooperation, regardless of the type of partners. Furthermore, it is found that independent firms are less likely to cooperate in R&D with academic institutes than subsidiaries and affiliated firms.

Keywords: Start-up; R&D; cooperation; Founder; Human; capital; University; Business; partner (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (17)

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