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Are R&D collaborative agreements persistent at the firm level? Empirical evidence for the Spanish case

Erika Badillo Enciso () and Rosina Moreno ()

No 201405, AQR Working Papers from University of Barcelona, Regional Quantitative Analysis Group

Abstract: We provide evidence on the dynamics in firms’ R&D cooperation behaviour. Our main objective is to analyse if R&D collaborative agreements are persistent at the firm level, and in such a case, to study what are the main drivers of this phenomenon. R&D cooperation activities at the firm level can be persistent due to true state dependence, this implying that cooperating in a given period enhances the probability of doing it in the subsequent period and it can also be a consequence of firms’ individual heterogeneity, so that certain firms have certain characteristics that make them more likely to carry out technological alliances. A second contribution of the paper deals with the differentiated persistence pattern of collaboration agreements for three different types of partners: customers and/or suppliers, competitors and institutions. We specifically explore the degree of the persistence in R&D collaborative activities when considering them separately as well as the possibility of finding crossed-persistence across these different partner types.

Keywords: R&D cooperation; Persistence; Innovative Spanish firms; Technological partners. JEL classification: L24; O32; D22; C23 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2014-03, Revised 2014-03
New Economics Papers: this item is included in nep-com, nep-cse, nep-ino, nep-knm and nep-sbm
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