The performance of research partnerships

Masao Nakamura, Yannis Caloghirou, George Hondroyiannis and Nicholas S. Vonortas
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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
Nicholas S. Vonortas: The George Washington University, Washington, DC 20052, USA, Postal: The George Washington University, Washington, DC 20052, USA

Managerial and Decision Economics, 2003, vol. 24, issue 2-3, 85-99

Abstract: This paper investigates partnership performance as perceived by individual partners. It taps into one of the most extensive sources of pertinent empirical information recently constructed in Europe. Partnership success is shown to depend significantly on the closeness of the cooperative research to the in-house R&D effort of the firm, on the firm's effort to learn from the partnership and its partners, and on the absence of problems of knowledge appropriation between partners. Firms use partnerships as vehicles of risk and uncertainty reduction by collaborating with competitors as well as with suppliers and buyers (but not with universities and public research institutes) when the research is far apart from their in-house R&D and when the expected outcome is not easily appropriable. Copyright © 2003 John Wiley & Sons, Ltd.

Date: 2003
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:24:y:2003:i:2-3:p:85-99

DOI: 10.1002/mde.1087

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