Collaborative R&D as a strategy to attenuate financing constraints
The 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 t... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2012 |
Verlag/Hrsg.: |
Mannheim: Zentrum für Europäische Wirtschaftsforschung (ZEW)
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Schlagwörter: | ddc:330 / O31 / O32 / O38 / Collaborative Research / Industry-Science Links / Research and Development / Liquidity Constraints / Innovation Policy / Industrielle Forschung / Forschungskooperation / Forschungsfinanzierung / Verschuldungsrestriktion / Schätzung / Flandern / Belgien |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28649537 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/60478 |