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Author:Hakanson, L.
Title:Managing cooperative research and development: partner selection and contract design
Journal:R. and D. Management
1993 : OCT, VOL. 23:4, p. 273-285
Index terms:R&D
CONTRACTS
DESIGN MANAGEMENT
MANAGEMENT
Language:eng
Abstract:This paper explores the influence of partner selection and the design of contracts and agreements on the chances for a collaborative R&D venture to "succeed". It is based on questionnaire data regarding 49 such ventures undertaken by companies based in four Nordic countries. The age distribution of the sample is taken into account through use of statistical event history analysis, testing, hypotheses regarding the determinants of the hazard rate. The results show that prior contacts with prospective partners improve the chances that a cooperation will succeed.
SCIMA record nr: 108360
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