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European Collaboration in Research and Development

Business Strategy and Public Policy

Edited by Yannis Caloghirou, Nicholas S. Vonortas and Stavros Ioannides

The contributions collected in this volume focus explicitly on cooperative R & D in Europe. The first part of the book offers empirical evidence on the extent, scope and direction of this collaboration and explores the motives and problems of the participating firms, as well as the perceived benefits they have enjoyed. The second part deals with the difficult policy issues that diverse national R & D regimes create for successful cooperative research and international convergence. The extensive survey results of European firms allow the authors to compare collaborative research policies in various EU countries and contrast the policy design that has emerged in the EU with that of the USA.
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Chapter 4: RJV Formation by European Firms: Strategic Considerations

Aggelos Tsakanikas and Yannis Caloghirou


4. RJV formation by European firms: strategic considerations Aggelos Tsakanikas and Yannis Caloghirou A first look at the issue of publicly funded R&D collaboration in Europe has been presented in the previous chapter, drawing on information from the EU RJV and EUREKA RJV databases. While this information is useful in determining the overall characteristics of RJVs and of participating organizations, thus illustrating the context of these ventures, it cannot assist in studying the motives of RJV participants for joining collaborative R&D ventures. The linkage of these participations with the internal activities of the firm, their special characteristics in terms of strategy, and their business environment are rather absent from such an approach. In order to study the latter in depth, it is necessary to complement the information from the databases with qualitative data at firm level, obtained through field research. This could represent a more subjective approach as the analysis is grounded on the respondents’ thoughts and beliefs regarding RJVs. Therefore, field research was necessary in order to obtain the supplementary information required, which would help us evaluate effectiveness of policy towards RJVs. As Sakakibara (2001) has already pointed out, there is a surprisingly small body of empirical evidence on cooperative R&D, with comprehensive empirical research being almost non-existing. Hence, this survey provides a unique opportunity for an extensive cross-sectional and more systematic analysis on funded R&D collaborations. The survey questionnaire was designed by taking into consideration that the decision of a firm to participate...

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