The Impact of International Research Joint Ventures on SMEs Performance
Centro para el Desarrollo Tecnológico Industrial-CDTI
Universidad Complutense de Madrid (UCM) - Faculty of Economics and Business Administration
Complutense University of Madrid - Departamento de Fundamentos del Analisis Economico I
January 30, 2012
The objective of the present study is to analyse the effect of technological cooperation on SMEs performance consideringtwo dimensions: technological and economic results. For that purpose, we use a data set containing information about participants in research joint ventures supported by the SME-specific measures of the sixth Framework Programme. Empirical evidence corroborates a direct and positive impact on technological assets of participants. On the part of the economic indicators, EBITDA per employee and sales are positively influenced by the improvement of technological background. The same results are found for productivity. All those effects are effective in the medium term, confirming that SMEs use to be involved in market-oriented R&D projects.
Number of Pages in PDF File: 26
Keywords: research joint ventures, SMEs, impact assessment
JEL Classification: H81, L2, O3working papers series
Date posted: March 10, 2012
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