Cooperation in Research and Development

1. Front Matter

   Pages i-xiii

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2. Introduction

   1. Introduction

      • Nicholas S. Vonortas

      Pages 1-8

3. Conceptualizing Research Joint Ventures

   1. Front Matter

      Pages 9-10

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   2. Research Joint Ventures: Conceptual Foundations Practical Implications

      • Nicholas S. Vonortas

      Pages 11-42

   3. The Theory of Inter-Firm Cooperation in R&D

      • Nicholas S. Vonortas

      Pages 43-81

   4. The Process of Technological Innovation

      • Nicholas S. Vonortas

      Pages 83-117

4. Empirical Analysis of Research Jointventures

   1. Front Matter

      Pages 119-123

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5. Empirical Analysis of Research Joint Ventures

   1. Research Joint Ventures in the United States

      • Nicholas S. Vonortas

      Pages 125-141

   2. Incentives to Form Research Joint Ventures I

      • Nicholas S. Vonortas

      Pages 143-153

   3. The Effect of Research Joint Ventures on R&D

      • Nicholas S. Vonortas

      Pages 155-165

   4. The Effect of Research Joint Ventures on Profits

      • Nicholas S. Vonortas

      Pages 167-177

   5. Incentives to Form Research Joint Ventures II: Virtual Diversification

      • Nicholas S. Vonortas

      Pages 179-218

6. Policy Challenges of Research Joint Ventures

   1. Front Matter

      Pages 219-221

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   2. With an Eye on Policy

      • Nicholas S. Vonortas

      Pages 223-251

   3. Conclusion

      • Nicholas S. Vonortas

      Pages 253-267

7. Back Matter

   Pages 269-289

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Cooperation in Research and Development provides an empirical and theoretical analysis of a distinct form of inter-firm collaboration in Research & Development (R&D): research joint ventures (RJVs). Of all types of cooperation, RJVs have received the most attention in both formal industrial organization and science and technology policy literature. The emerging theoretical economic literature on incentives of firms to join RJVs has not been followed by much empirical work. Cooperation in Research and Development attempts to fill the void caused by this lack of consistent data on the rate of RJV formation, RJV characteristics, and RJV member characteristics.
Significant attention is paid to the role of RJVs in facilitating `virtual' firm diversification as necessary to pursue particular technological objectives. An effort is also made to blend the reported theoretical and empirical analyses with conceptual models of the process of technological innovation and models of industrial evolution in order to provide answers beyond the reach of the received economic theory. Cooperation in Research and Development should be of interest to academic economists, policy makers, and business representatives. The microeconomic issues the book deals with overlap significantly with the interests of decision makers both in government and business.

• Industrial Organization
• development
• innovation
• research & development (R&D)
• technological innovation
• technology policy

`...On the whole, however, the book is a valuable contribution both to the economics literature and for decision makers in government and business. In particular, it impresses strongly upon the reader an important underlying tension in both management and public policy towards industry - the paradox of promoting both competition and co-operation.'
Technovation 19:133-134 (1999)

• Center for International Science and Technology Policy and Department of Economics, The George Washington University, USA

  Nicholas S. Vonortas

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