Business Strategy and Public Policy
Edited by Yannis Caloghirou, Nicholas S. Vonortas and Stavros Ioannides
7. RJVs in Europe: trends, performance, impacts Yannis Caloghirou and Nicholas S. Vonortas The economic and business literature on cooperative R&D has proliferated since the early 1980s in parallel to the rapidly unfolding phenomenon of strategic technology partnerships. Until recently, this literature was subject to a serious handicap: the lack of systematic and extensive evidence to validate its theoretical underpinnings. This is not to say that evidence on motives for, and outcomes of, collaboration has been missing altogether. It can be strongly argued, however, that available evidence has been fragmented because of the lack of extensive data-collection on the subject by statistical agencies. Empirical analysis has depended on either multiple case studies on a small number of well-known RJVs, on one hand, and on (often limited) databases created by academic researchers and private sector companies, on the other. Some well known examples of widely utilized academic databases of this sort include CATI, covering technical strategic alliances announced globally since the late 1970s, and the NCRA-RJV and CORE databases, covering RJVs registered with the US Department of Justice since 1985.1 Unfortunately, such data have not necessarily been compiled for the same purpose, overlap only partially in terms of coverage, and use diﬀerent primary sources of information. Even so, research has hitherto reached important conclusions and has provided useful insights into business strategy and technology policy. A major, if not the most important, contribution of the research project underlying the material presented until now in this book has been the...
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