Determinants of R&D Cooperation in Small and Medium-Sized Enterprises
Hyunbae Chun () and
Sung-Bae Mun ()
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Sung-Bae Mun: Korea Information Society Development Institute, Kwachun, Kyunggi-do, 427-710 Korea
No 1204, Working Papers from Research Institute for Market Economy, Sogang University
We investigate the determinants of R&D cooperation in small and medium-sized enterprises (SMEs). Using firm-level data from the 2002 Korean Innovation Survey and applying a probit model with sample selection, we find that incoming spillovers of knowledge have a significant and positive impact on SMEs¡¯ decisions to engage in R&D cooperation. In particular, the effect of knowledge spillovers on R&D cooperation is much larger for smaller firms. Despite the importance of external knowledge for SMEs, the estimation results suggest that SMEs may be at a disadvantage in establishing external R&D linkages because of their absolute size limitations.
Keywords: R&D Cooperation; Small and Medium-Sized Enterprises; Spillovers (search for similar items in EconPapers)
JEL-codes: L20 O32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-sbm and nep-tid
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Journal Article: Determinants of R&D cooperation in small and medium-sized enterprises (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:sgo:wpaper:1204
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