✦ LIBER ✦

HETEROGENEITY OF FIRM CAPABILITIES AND COOPERATIVE RESEARCH AND DEVELOPMENT: AN EMPIRICAL EXAMINATION OF MOTIVES

✍ Scribed by MARIKO SAKAKIBARA

Publisher: John Wiley and Sons
Year: 1997
Tongue: English
Weight: 199 KB
Volume: 18
Category: Article
ISSN: 0143-2095
DOI: 10.1002/(sici)1097-0266(199707)18:1+<143::aid-smj927>3.0.co;2-y

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✦ Synopsis

This article proposes capability heterogeneity of R&D consortia participants as a condition to distinguish two competing motives for cooperative R&D: cost-sharing vs. skill-sharing. An analysis of 398 questionnaire responses from participants in Japanese government-sponsored R&D consortia finds that the relative importance of the cost-sharing motive in R&D consortia increases when participants' capabilities are homogeneous or projects are large, while the relative importance of the skill-sharing motive in R&D consortia increases with heterogeneous capabilities. The skill-sharing motive is likely to increase a firm's R&D spending, implying an additional consideration for management's evaluation of cooperative R&D participation, as well as adding a new public policy implication of cooperative R&D. ©1997 by John Wiley & Sons, Ltd.

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