Publication: The impact of international research joint ventures on SMEs performance
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2012-01-30
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Abstract
The objective of the present study is to analyse the effect of technological cooperation on SMEs performance consideringtwo dimensions: technological and economic results. For that purpose, we use a data set containing information about participants in research joint ventures supported by the SME-specific measures of the sixth Framework Programme. Empirical evidence corroborates a direct and positive impact on technological assets of participants. On the part of the economic indicators, EBITDA per employee and sales are positively influenced by the improvement of technological background. The same results are found for productivity. All those effects are effective in the medium term, confirming that SMEs use to be involved in market-oriented R&D projects.
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J.E.L. Classification: H81, L2, O3.
The authors benefit from presentations at the CONCORD 2011 (Sevilla) and at the Seminar at the Department of Applied Economics II (Universitat de València), and especially from suggestions by Bronwyn
Hall and Juan Mañez. All errors are ours. This research has been partially funded by the CICYT project ECO2010-19847.
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