Explaining the growth of strategic R&D alliances by European firms

Rajneesh Narula

No 24, Research Memorandum from Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)

Abstract: This paper first develops an explanation for the increasing popularity of strategic technology alliances, both globally, and by EU firms. It then evaluates, using data over the period 1980-1994, how private, non-subsidised cooperative agreements in R&D by EU firms has evolved, paying particular attention to the growth of intra-EU activity relative to extra-EU agreements (i.e., EU-US and EU-Japan alliances). Essentially, EU firms'' partnering habits reflect the need to seek strong partners regardless of nationality within a given industry, although intra-EU partnering enjoyed a brief popularity during the latter half of the 1980s.

Keywords: international economics and trade (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Explaining the Growth of Strategic R&D Allainces by European Firms (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:umamer:1998024

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