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Collaboration strategies and technological innovation: a contractual perspective of the relationship between firms and technological centers

Alex Rialp (), Josep Rialp () and Lluís Santamaria
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Lluís Santamaria: Departament d’Economia de l’Empresa. Universitat Autònoma de Barcelona.

No 101, Working Papers from Departament Empresa, Universitat Autònoma de Barcelona

Abstract: In this paper, a theoretical framework for analyzing the selection of governance structures for implementing collaboration agreements between firms and Technological Centers is presented and empirically discussed. This framework includes Transaction Costs and Property Rights’ theoretical assumptions, though complemented with several proposals coming from the Transactional Value Theory. This last theory is used for adding some dynamism in the governance structure election. As empirical evidence of this theoretical explanation, we analyse four real experiences of collaboration between firms and one Technological Center. These experiences are aimed to represent the typology of relationships which Technological Centers usually face. Among others, a key interesting result is obtained: R&D collaboration activities do not need to always be organized through hierarchical solutions. In those cases where future expected benefits and/or reputation issues could play an important role, the traditional more static theories could not fully explain the selected governance structure for managing the R&D relationship. As a consequence, these results justify further research about the adequacy of the theoretical framework presented in this paper in other contexts, for example, R&D collaborations between firms and/or between Universities or Public Research Centers and firms.

Keywords: Collaboration; Technological Innovation; R&D; Technological Center. (search for similar items in EconPapers)
Pages: 36 pages
Date: 2001-03, Revised 2001-03
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Published in Working Papers at the Department of Business, March 2001 pages 1-36

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