Collaboration in innovation: An empirical test of Varieties of Capitalism

Jon Schmid and Seokbeom Kwon ()

Technological Forecasting and Social Change, 2020, vol. 157, issue C

Abstract: Do country-level institutions drive firm-level collaboration in invention? Hall and Soskice's (2001) Varieties of Capitalism (VoC) contends that the institutional configurations of modern capitalist economies push organizations towards country-specific behavioral patterns in terms of collaboration frequency and duration. In this article, we first extract these claims from the VoC literature and then test them in the empirical setting of collaboration in invention. Towards this end, we construct an original dataset of patents and employ a novel metric of historical collaboration stickiness. We find strong support in favor of Hall and Soskice's prediction that inter-firm collaboration will be more common within coordinated-market economies. However, the VoC claim that organizations within coordinated-market economies will form more durable collaborative relationships than those formed within liberal-market economies does not hold up to empirical scrutiny.

Keywords: Innovation; Invention; Varieties of Capitalism; Institutions; Comparative capitalisms; Collaboration; Patent (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)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162520309252
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:tefoso:v:157:y:2020:i:c:s0040162520309252

DOI: 10.1016/j.techfore.2020.120099

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().