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Title:Empirical evidence on the success of R&D co-operation: Happy together? PDF Logo
Authors:Aschhoff, Birgit
Schmidt, Tobias
Issue Date:2006
Series/Report no.:ZEW Discussion Papers 06-59
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.
Subjects:R&D Co-operation
Innovation Success
Germany
Applied Econometrics
JEL:C24
O31
L25
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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