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- Publisher Website: 10.1016/S0167-7187(96)01052-1
- Scopus: eid_2-s2.0-0031529708
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Article: On the organization of cooperative research and development: Theory and evidence
Title | On the organization of cooperative research and development: Theory and evidence |
---|---|
Authors | |
Keywords | Co-Development Incomplete Contracts Organizations Of Cooperative R And D Research Joint Ventures |
Issue Date | 1997 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ijio |
Citation | International Journal Of Industrial Organization, 1997, v. 15 n. 5, p. 573-596 How to Cite? |
Abstract | It has become increasingly prevalent that business firms, often rival firms, join forces in cooperative R and D to develop new technologies that they can use in their downstream business. Equity research joint ventures and non-equity co-development are the two major modes of organization, and they differ in how ownership rights over newly developed technologies are assigned. This paper addresses the question of when cooperative R and D should be carried out in a research joint venture as opposed to a co-development program. In a setting of contractual incompleteness, the nature of the downstream business of participating firms is shown to determine the organization of cooperative R and D. Empirical evidence that is consistent with the theoretical analysis is also presented. © 1997 Published by Elsevier Science B.V. |
Persistent Identifier | http://hdl.handle.net/10722/177866 |
ISSN | 2023 Impact Factor: 1.7 2023 SCImago Journal Rankings: 1.036 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Tao, Z | en_US |
dc.contributor.author | Wu, C | en_US |
dc.date.accessioned | 2012-12-19T09:40:37Z | - |
dc.date.available | 2012-12-19T09:40:37Z | - |
dc.date.issued | 1997 | en_US |
dc.identifier.citation | International Journal Of Industrial Organization, 1997, v. 15 n. 5, p. 573-596 | en_US |
dc.identifier.issn | 0167-7187 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177866 | - |
dc.description.abstract | It has become increasingly prevalent that business firms, often rival firms, join forces in cooperative R and D to develop new technologies that they can use in their downstream business. Equity research joint ventures and non-equity co-development are the two major modes of organization, and they differ in how ownership rights over newly developed technologies are assigned. This paper addresses the question of when cooperative R and D should be carried out in a research joint venture as opposed to a co-development program. In a setting of contractual incompleteness, the nature of the downstream business of participating firms is shown to determine the organization of cooperative R and D. Empirical evidence that is consistent with the theoretical analysis is also presented. © 1997 Published by Elsevier Science B.V. | en_US |
dc.language | eng | en_US |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ijio | en_US |
dc.relation.ispartof | International Journal of Industrial Organization | en_US |
dc.subject | Co-Development | en_US |
dc.subject | Incomplete Contracts | en_US |
dc.subject | Organizations Of Cooperative R And D | en_US |
dc.subject | Research Joint Ventures | en_US |
dc.title | On the organization of cooperative research and development: Theory and evidence | en_US |
dc.type | Article | en_US |
dc.identifier.email | Tao, Z: ztao@hku.hk | en_US |
dc.identifier.authority | Tao, Z=rp01097 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1016/S0167-7187(96)01052-1 | - |
dc.identifier.scopus | eid_2-s2.0-0031529708 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0031529708&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 15 | en_US |
dc.identifier.issue | 5 | en_US |
dc.identifier.spage | 573 | en_US |
dc.identifier.epage | 596 | en_US |
dc.identifier.isi | WOS:A1997XG63300003 | - |
dc.publisher.place | Netherlands | en_US |
dc.identifier.scopusauthorid | Tao, Z=7201884505 | en_US |
dc.identifier.scopusauthorid | Wu, C=7501664026 | en_US |
dc.identifier.issnl | 0167-7187 | - |