Empirical Evidence on the Success of R&D Co-Operation - Happy Together?

32 Pages Posted: 29 Aug 2006 Last revised: 26 Aug 2008

See all articles by Birgit Aschhoff

Birgit Aschhoff

ZEW – Leibniz Centre for European Economic Research

Tobias Schmidt

Deutsche Bundesbank - Research Center

Date Written: 2006

Abstract

In this paper we analyse the effect of R&D co-operation on firms' innovation performance. We investigate the effect of past co-operation on current sales of innovative products, distinguishing between products new to the firm and new to the market, and on cost reductions due to innovative processes. Particular attention is paid to the impact of different co-operation partners. The analysis rests on firm-level data from two consecutive waves of the annual German innovation survey. We find that innovative firms that cooperate have a higher share of turnover with market novelties and a higher share of cost reduction due to process innovations than non-cooperating firms. In particular, R&D cooperation with research institutes has a positive influence on a firm's economic success with market novelties, while R&D co-operation with competitors leads to an increase in the cost reduction attributable to innovative processes.

Keywords: R&D Co-operation, Innovation Success, Germany, Applied Econometrics

JEL Classification: L25, O31, C24

Suggested Citation

Aschhoff, Birgit and Schmidt, Tobias, Empirical Evidence on the Success of R&D Co-Operation - Happy Together? (2006). ZEW - Centre for European Economic Research Discussion Paper No. 06-059. Available at SSRN: https://ssrn.com/abstract=927218 or http://dx.doi.org/10.2139/ssrn.927218

Birgit Aschhoff (Contact Author)

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany
+49 621 1235 182 (Phone)
+49 621 1235 170 (Fax)

Tobias Schmidt

Deutsche Bundesbank - Research Center ( email )

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

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