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dc.contributor.authorCzarnitzki, Dirken_US
dc.contributor.authorHottenrott, Hannaen_US
dc.date.accessioned2012-08-08en_US
dc.date.accessioned2012-08-16T13:54:36Z-
dc.date.available2012-08-16T13:54:36Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-324963-
dc.identifier.urihttp://hdl.handle.net/10419/60478-
dc.description.abstractThe ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D may not only be beneficial in terms of appropriability of returns to R&D investment, access to the partner's knowledge base and the exploitation of scale and scope in R&D, but that it may also be a strategy to cope with financing constraints for R&D. Studying panel data we show that collaboration with science alleviates liquidity constraints for research. Horizontal collaboration reduces liquidity constraints for both research as well as R and D. Vertical collaboration has no such effects.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-049en_US
dc.subject.jelO31en_US
dc.subject.jelO32en_US
dc.subject.jelO38en_US
dc.subject.ddc330en_US
dc.subject.keywordCollaborative Researchen_US
dc.subject.keywordIndustry-Science Linksen_US
dc.subject.keywordResearch and Developmenten_US
dc.subject.keywordLiquidity Constraintsen_US
dc.subject.keywordInnovation Policyen_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwForschungskooperationen_US
dc.subject.stwForschungsfinanzierungen_US
dc.subject.stwVerschuldungsrestriktionen_US
dc.subject.stwSchätzungen_US
dc.subject.stwFlandernen_US
dc.subject.stwBelgienen_US
dc.titleCollaborative R&D as a strategy to attenuate financing constraintsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn720792207en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12049-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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