search query: @author Siotis, G. / total: 4
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| Author: | Hernan, R. Marina, P. L. Siotis, G. |
| Title: | An Empirical Evaluation of the Determinants of Research Joint Venture Formation |
| Journal: | Journal of Industrial Economics
2003 : MAR, VOL. 51:1, p. 75-90 |
| Index terms: | JOINT BUSINESS VENTURES R&D RESEARCH EMPIRICAL RESEARCH |
| Language: | eng |
| Abstract: | This paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs). A review of the theoretical literature highlights the difficulty of identifying testable hypotheses. Using a large database of European RJVs, the authors estimate a participation equation at the firm level using the logit procedure. The authors find that sectorial R&D intensity, industry concentration, firm size, technological spillovers, and past RJV participation positively influence the probability of forming RJVs. By contrast, patents' effectiveness reduce the likelihood of RJV formation. Last, country fixed effects suggest that firms from larger countries are less likely to participate in cross-border RJVs. |
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