Cooperative R&D and the Canadian forest products industry

Masao Nakamura, Masao Nakamura, Harry Nelson and Ilan Vertinsky
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Masao Nakamura: Faculty of Commerce, Institute of Asian Research and Faculty of Applied Science, University of British Columbia, 2053 Main Mall, Vancouver, BC, Canada, V6 T 1Z2, Postal: Faculty of Commerce, Institute of Asian Research and Faculty of Applied Science, University of British Columbia, 2053 Main Mall, Vancouver, BC, Canada, V6 T 1Z2
Harry Nelson: Forest Economics Policy Analysis Research Unit, University of British Columbia, Canada, Postal: Forest Economics Policy Analysis Research Unit, University of British Columbia, Canada
Authors registered in the RePEc Author Service: Masao Nakamura

Managerial and Decision Economics, 2003, vol. 24, issue 2-3, 147-169

Abstract: In the past decade the share of cooperative R&D has increased. In this paper, using a case study of the forest industry in Canada, the antecedents of cooperative R&D and the forms it take are investigated. We show how market failures are corrected in the industry largely through industry wide R&D consortia. The share of government funding to maintain the cooperation reflects the degree to which the consortia can appropriate the full value of their knowledge products (i.e. prevent spillover of innovations to non-members in Canada and elsewhere). The case study indicates that the prime role of these nationwide consortia is the provision of potential access to R&D expertise, technological intelligence, and technology transfer services. The success and stability of these consortia depend on the degree to which their governance systems allow for better alignment of the costs and benefits that accrue to members from the consortia. Copyright © 2003 John Wiley & Sons, Ltd.

Date: 2003
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:24:y:2003:i:2-3:p:147-169

DOI: 10.1002/mde.1081

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