Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128800
Authors: 
Busom, Isabel
Fernández-Ribas, Andrea
Year of Publication: 
2005
Series/Report no.: 
WIFO Working Papers 251
Abstract: 
Research and innovation partnerships involving firms or firms and public research organizations (PROs) have been increasing over the last twenty years in OECD countries. In this paper we present empirical evidence about the impact of government sponsored R&D programs on firms' partnership strategies related to R&D. Using a sample of Spanish manufacturing firms we estimate the effects of receiving public support on the probability that firms set up an R&D partnership with a PRO or a partnerhsip with other firms that are suppliers or customers. Controling for the endogeneity of participation in R&D support programs, we find that (i) the choice of private-private and of public-private partnerships is associated with different firm characteristics, and (ii) public support encourages directly or indirectly both types of cooperation, but the impact on public-private partnerships is larger. Results suggest that R&D cooperation is affected by market failures, and that public programs subsidizing industryscience links trigger a behavioral change in firms' R&D strategic partnerships.
Subjects: 
R&D
vertical cooperation
public-private partnerships
innovation policy
JEL: 
O31
O38
H32
C25
C35
Document Type: 
Working Paper

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