Co-Operation On R&D As An Innovation Strategy: Evidence From
University of East Anglia (UEA) - Centre for Behavioural and Experimental Social Science (CBESS); University of Valencia - LINEEX
University of London - School of Economics and Finance
Experimental Economics & Political Decision Making LINEEX Working Paper 24/01
Using survey data on Valencian manufacturing firms we analyse the factors influencing the probability of a firm to co-operate on R&D with different types of partners. We find that Research Institutions play a key role as a source of information for the decision to co-operate with any type of partner, and in particular to co-operate either with suppliers or customers (vertical cooperation). The availability of public funds and incoming spillovers increase the probability of the firm to co-operate on R&D whereas the orientation of the innovating activities towards basic R&D decreases this probability. Concentrating on co-operative firms on R&D, we further explore the determinants of co-operation with different partners.
Number of Pages in PDF File: 24
Keywords: Research and Development, Co-operation, Innovating Activities
JEL Classification: D21, L13, O31, O32