Public Policies Towards Research Joint Venture Formation: Designs and Outcomes

31 Pages Posted: 28 Mar 2003

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: February 2002

Abstract

We use a large firm-level data-set on Research Joint Ventures (RJVs) formed under the umbrella of the Eureka and European Union's Framework Programmes for Science and Technology (EU-FP). Based on the results presented in Hernan, Marin, and Siotis (2003), we focus on firms that are known to have a high probability of forming RJVs, with the latter identified as firms with a previous experience with collaborative research. This allows us to gain insights regarding the influence of the programmes' institutional design on the process of RJV formation. The findings pertaining to 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 Formation: Designs and Outcomes (February 2002). Available at SSRN: https://ssrn.com/abstract=390663

Pedro L. Marin (Contact Author)

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

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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