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| Author: | Hemphill, T. A. Vonortas, N. S. |
| Title: | Strategic research parnerships: a managerial perspective |
| Journal: | Technology analysis & strategic management
2003 : JUN, VOL. 15:2, p. 255-271 |
| Index terms: | Strategic management Organizational theory Transaction costs |
| Language: | eng |
| Abstract: | Private sector incentives to participate in research partnership can be grouped roughly into two categories: cost-economizing incentives and strategic incentives. The paper summarizes the argument in two streams of thought that are often identified with these two sides: the transaction-cost/incomplete contracts approach and the strategic management approach. The paper recounts business motives to engage in research partnerships in each and points out that differentiating between more traditional economic perspectives (transactiin costs, incomplete contracts) and strategic management /organizational theory perspectives (strategic networks, resource-dependent view, dynamic capabilities, knowledge-based view, organizational learning, option approach) may not be as one might suppose at first. |
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