Determinants of R&D cooperation in Japanese high-tech start-ups

Hiroyuki Okamuro, 博之 岡室, ヒロアキ オカムロ, Masatoshi Kato, 雅俊 加藤, マサトシ カトウ, Yuji Honjo, 裕司 本庄 and ユウジ ホンジョウ

No 2009-07, CEI Working Paper Series from Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University

Abstract: This paper explores the determinants of R&D cooperation in Japanese hightech start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by the type of partners. Our findings indicate that founder-specific characteristics, such as educational background, academic affiliation, and prior innovation output, are fairly important in determining R&D cooperation with universities and public research institutes. We also provide evidence that founders' work experience and prior innovation output have positive and significant effects on R&D cooperation with business partners. With respect to firm-specific characteristics, it is found that firms investing more in R&D tend to engage in R&D cooperation, regardless of the type of partners. Furthermore, it is found that independent firms are less likely to cooperate on R&D with universities and public research institutes, than subsidiaries and affiliated firms.

Keywords: Start-up; R&D cooperation; Founder; University; Business partner (search for similar items in EconPapers)
JEL-codes: L14 M13 O32 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2009-11
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-sbm and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:hit:hitcei:2009-07

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