Public Policies Towards Research Joint Venture: Institutional Design and Participants’ Characteristics

Posted: 21 Jul 2016

See all articles by Pedro L. Marin

Pedro L. Marin

Universidad Carlos III de Madrid - Department of Economics; Centre for Economic Policy Research (CEPR)

Georges Siotis

Universidad Carlos III de Madrid - Department of Economics; Centre for Economic Policy Research (CEPR)

Date Written: May 8, 2008

Abstract

In this paper, we present several insights regarding the influence of institutional design on the process of Research Joint Venture (RJV) formation. Our results are obtained with a firm-level dataset on RJVs formed under the umbrella of the Eureka initiative and of the European Union’s Framework Programmes (EU-FPs) for science and technology. We focus on firms that are known to have a high probability of forming RJVs, with the latter identified as firms with a past experience in collaborative research. The results indicate that EU-FP RJVs are consistent with a “top-down” and “mission oriented” research policy. By contrast, Eureka RJVs appear as more market driven and “bottom-up”.

Keywords: Research Joint Ventures, Spillovers, R&D, Eureka, EU Framework Programme

JEL Classification: C25, L13, O31

Suggested Citation

Marin, Pedro L. and Siotis, Georges, Public Policies Towards Research Joint Venture: Institutional Design and Participants’ Characteristics (May 8, 2008). Research Policy, Vol. 37, 2008, Available at SSRN: https://ssrn.com/abstract=2812141

Pedro L. Marin

Universidad Carlos III de Madrid - Department of Economics ( email )

Calle Madrid 126
Getafe, 28903
Spain
+34 91 624 9646 (Phone)
+34 91 624 9875 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Georges Siotis (Contact Author)

Universidad Carlos III de Madrid - Department of Economics ( email )

Calle Madrid 126
Getafe, 28903
Spain
+34 91 624 9312 (Phone)
+34 91 624 9875 (Fax)

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

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