Publication: Transactional dynamics in European R&D networks: an assessment of Eureka
Loading...
Official URL
Full text at PDC
Publication Date
2015
Advisors (or tutors)
Editors
Journal Title
Journal ISSN
Volume Title
Publisher
Emerald Group Publishing Ltd.
Citations
Exportar
Abstract
The purpose of this paper is to verify the impacts of the transaction costs rationale on economic agents’ innovative results when they engage in European R&D networks, supplying both firms and policymakers with empirical support for improved decision making toward economic competitiveness and construction of the European research area. Furthermore, unlike many transaction cost economics assessments, the authors evaluate the existence of transaction costs following a dynamic framework of analysis (instead of using solely ex ante governance choice as a driver of inter-firm“friction” management), offering a novel perspective on these phenomena.
Description
The authors acknowledge valuable contribution from the Eureka Secretariat and from the Spanish Centro de Desarrollo Tecnológico Industrial for providing data sets for the empirical analysis. The authors would also like to thank John Rigby, Vitor Corado Simões, Manuel García Goñi, two anonymous referees for their valuable contributions to this paper, and the Editor, Professor Christos Kalantaridis, for his support throughout
the submission process. The usual disclaimers apply.
UCM subjects
Unesco subjects
Keywords
Citation
Adler, P. and Shenhar, A. (1990), “Adapting your technological base: the organizational challenge”, Sloan Management Review, Vol. 32 No. 1, pp. 25-37.
Ahuja, G. (2000), “The duality of collaboration: inducements and opportunities in the formation of inter-firm linkages”, Strategic Management Journal, Vol. 21 No. 3, pp. 317-343.
Anderson, M. (1995), “The role of collaborative integration in industrial organization: observations from the Canadian aerospace industry”, Economic Geography, Vol. 71 No. 1, pp. 55-78.
Archibugi, D. and Iammarino, S. (1999), “The policy implications of the globalization of innovation”, Research Policy, Vol. 28 No. 3, pp. 317-336.
Arnold, E. (2012), “Understanding long-term impacts of R&D funding: the EU framework programme”, Research Evaluation, Vol. 21 No. 5, pp. 332-343.
Arranz, N. and Arroyabe, J.C.F. (2008), “The choice of partners in R&D cooperation: an empirical analysis of Spanish firms”, Technovation, Vol. 28 No. 2, pp. 88-100.
Bayona-Sáez, C. and García-Marco, T. (2010), “Assessing the effectiveness of the Eureka program”, Research Policy, Vol. 39 No. 10, pp. 1375-1386.
Belderbos, R., Carree, M. and Lokshin, B. (2004), “Cooperative R&D and firm performance”, Research Policy, Vol. 33 No. 10, pp. 1477-1492.
Benfratello, L. and Sembenelli, A. (2002), “Research joint ventures and firm level performance”, Research Policy, Vol. 31 No. 4, pp. 493-507.
Blomqvist, K., Hara, V., Koivuniemi, J. and Aijo, T. (2004), “Towards networked R&D management: the R&D approach of Sonera corporation as an example”, R&D Management, Vol. 34 No. 5, pp. 591-603.
Bottazzi, L. and Peri, G. (2007), “The international dynamics of R&D and innovation in the long run and in the short run”, The Economic Journal, Vol. 117 No. 518, pp. 486-511.
Caloghirou, Y., Hondroyiannis, G. and Vonortas, N. (2003), “The performance of research partnerships”, Managerial and Decision Economics, Vol. 24 Nos 2/3, pp. 85-99.
Cohen, W.M. and Levinthal, D.A. (1990), “Absorptive capacity: a new perspective on learning and innovation”, Administrative Science Quarterly, Vol. 35 No. 1, pp. 128-152.
Cullen, J., Johnson, J. and Sakano, T. (2000), “Success through commitment and trust: the soft side of strategic alliance management”, Journal of World Business, Vol. 35 No. 3, pp. 223-240.
Das, T. and Teng, B.S. (2000), “A resource-based theory of strategic alliances”, Journal of Management, Vol. 26 No. 1, pp. 31-61.
Duarte, V. and Sarkar, S. (2011), “Separating the wheat from the chaff: a taxonomy of open innovation”, European Journal of Innovation Management, Vol. 14 No. 4, pp. 435-459.
Dyer, J. (1997), “Effective inter-firm collaboration: how firms minimize transaction costs and maximize transaction value”, Strategic Management Journal, Vol. 18 No. 7, pp. 535-556.
Dyer, J. and Singh, H. (1998), “The relational view: cooperative strategy and sources of interorganizational competitive advantage”, The Academy of Management Review, Vol. 23
No. 4, pp. 660-679.
Faems, D., de Visser, M., Andries, P. and Van Looy, B. (2010), “Technology alliance portfolios and financial performance: value-enhancing and cost-increasing effects of open innovation”, Journal of Product Innovation Management, Vol. 27 No. 6, pp. 785-796.
Fernández-Ribas, A. and Shapira, P. (2009), “The role of national and regional innovation programmes in stimulating international cooperation in innovation”, International Journal of Technology Management, Vol. 48 No. 4, pp. 473-498.
Frenz, M. and Ietto-Gillies, G. (2009), “The impact on innovation performance of different sources of knowledge: evidence from the UK community innovation survey”, Research Policy, Vol. 38 No. 7, pp. 1125-1135.
Georghiou, L. (2001), “Evolving frameworks for European collaboration in research and technology”, Research Policy, Vol. 30 No. 6, pp. 891-903.
Georghiou, L., Van Batenburg, O., Chevillot, J.P., Kuhlman, S., Oral, M. and Reeve, N. (1999), Strategic Review of Eureka: Building Europe’s Innovation Network, Eureka Secretariat, Brussels.
Gulati, R. (1995), “Does familiarity breed trust? The implications of repeated ties for contractual choice in alliances”, Academy of Management Journal, Vol. 38 No. 1, pp. 85-112.
Gulati, R. (1998), “Alliances and networks”, StrategicManagement Journal, Vol. 19 No. 4, pp. 293-317.
Gulati, R. and Singh, H. (1998), “The architecture of cooperation: managing coordination costs and appropriation concerns in strategic alliances”, Administrative Science Quarterly, Vol. 43 No. 4, pp. 781-814.
Gulati, R., Lavie, D. and Madhavan, R. (2011), “How do networks matter? The performance effects of interorganizational networks”, Research in Organizational Behavior, Vol. 31 No. 1, pp. 207-224.
Hagedoorn, J. (2002), “Inter-firm R&D partnerships: an overview of major trends and patterns since 1960”, Research Policy, Vol. 31 No. 4, pp. 477-492.
Hagedoorn, J., Link, A. and Vonortas, N. (2000), “Research partnerships”, Research Policy, Vol. 29
Nos 4/5, pp. 567-586.
Hardwick, J., Anderson, A. and Cruickshank, D. (2013), “Trust formation processes in innovative collaborations: networking as knowledge building practices”, European Journal of Innovation Management, Vol. 16 No. 1, pp. 4-21.
Helm, R. and Kloyer, M. (2004), “Controlling contractual exchange risks in R&D inter-firm cooperation: an empirical study”, Research Policy, Vol. 33 No. 8, pp. 1103-1122.
Hennart, J.F. (1988), “A transaction costs theory of equity joint ventures”, Strategic Management Journal, Vol. 9 No. 4, pp. 361-374.
Husted, K. and Michailova, S. (2010), “Dual allegiance and knowledge sharing in inter-firm R&D collaborations”, Organizational Dynamics, Vol. 39 No. 1, pp. 37-47.
Ireland, R., Hitt, M. and Vaidyanath, D. (2002), “Alliance management as a source of competitive advantage”, Journal of Management, Vol. 28 No. 3, pp. 413-446.
Jarvenpaa, S. and Wernick, A. (2011), “Paradoxical tensions in open innovation networks”, European Journal of Innovation Management, Vol. 14 No. 4, pp. 521-548.
Jones, C., Hesterly, W. and Borgatti, S. (1997), “A general theory of network governance: exchange conditions and social mechanisms”, The Academy of Management Review, Vol. 22 No. 4, pp. 911-945.
Kamien, M.I. and Schwartz, N.L. (1976), “On the degree of rivalry for maximum innovative activity”, The Quarterly Journal of Economics, Vol. 90 No. 2, pp. 245-260.
Katz, J.S. and Martin, B.R. (1997), “What is research collaboration?”, Research Policy, Vol. 26 No. 1, pp. 1-18.
Keil, T., Maula, M., Schildt, H. and Zahra, S. (2008), “The effect of governance modes and relatedness of external business development activities on innovation performance”, Strategic Management Journal, Vol. 29 No. 8, pp. 895-907.
Kreiner, K. and Schultz, M. (1993), “Informal collaboration in R&D: the formation of networks across organizations”, Organization Studies, Vol. 14 No. 2, pp. 189-209.
Kuhlman, S. and Edler, J. (2003), “Scenarios of technology and innovation policies in Europe: investigating future governance”, Technological Forecasting and Social Change, Vol. 70 No. 7, pp. 619-637.
Lhuillery, S. and Pfister, E. (2009), “R&D cooperation and failures in innovation projects: empirical evidence from French CIS data”, Research Policy, Vol. 38 No. 1, pp. 45-57.
Lorenzoni, G. and Lipparini, A. (1999), “The leveraging of inter-firm relationships as a distinctive organizational capability: a longitudinal study”, Strategic Management Journal, Vol. 20 No. 4, pp. 317-338.
Luo, Y. (2002), “Building trust in cross-cultural collaborations: toward a contingency perspective”, Journal of Management, Vol. 25 No. 5, pp. 669-694.
Madhok, A. and Tallman, S. (1998), “Resources, transactions and rents: managing value through inter-firm collaborative relationships”, Organization Science, Vol. 9 No. 3, pp. 326-339.
Marín, P.L. and Siotis, G. (2008), “Public policies towards research joint venture: institutional design and participants’ characteristics”, Research Policy, Vol. 37 Nos 6/7, pp. 1057-1065.
Molas-Gallart, J. and Davies, A. (2006), “Toward theory-led evaluation: the experience of European science, technology, and innovation policies”, American Journal of Evaluation, Vol. 27 No. 1, pp. 64-82.
Motta, M. (1992), “Cooperative R&D and vertical product differentiation”, International Journal of Industrial Organization, Vol. 10 No. 4, pp. 643-661.
Mowery, D., Oxley, J. and Silverman, B. (1996), “Strategic alliances and inter-firm knowledge transfer”, Strategic Management Journal, Vol. 17 No. S2, pp. 77-91.
Mowery, D.C. (1989), “Collaborative ventures between US and foreign manufacturing firms”, Research Policy, Vol. 18 No. 1, pp. 19-33.
Narula, R. (2001), “Choosing between internal and non-internal R&D activities: some technological and economic factors”, Technology Analysis and Strategic Management, Vol. 13 No. 3, pp. 365-387.
Nishimura, J. and Okamuro, H. (2013), “Knowledge and rent spillovers through governmentsponsored R&D consortia”, Working Paper Series No. 24, Research Center for Interfirm Network, Hitotsubashi University, Tokyo.
Okamuro, H. (2007), “Determinants of successful R&D cooperation in Japanese small businesses: the impact of organizational and contractual characteristics”, Research Policy, Vol. 36 No. 10, pp. 1529-1544.
Oxley, J. (1999), “Institutional environment and the mechanisms of governance: the impact of intellectual property protection on the structure of inter-firm alliances”, Journal of Economic Behavior and Organization, Vol. 38 No. 3, pp. 283-309.
Oxley, J. and Sampson, R. (2004), “The scope and governance of international R&D alliances”, Strategic Management Journal, Vol. 25 No. 89, pp. 723-749.
Paier, M. and Scherngell, T. (2011), “Determinants of collaboration in European R&D networks: empirical evidence from a discrete choice model”, Industry and Innovation, Vol. 18 No. 1, pp. 89-104.
Parisi, M.L., Schiantarelli, F. and Sembenelli, A. (2006), “Productivity, innovation and R&D: micro evidence for Italy”, European Economic Review, Vol. 50 No. 8, pp. 2037-2061.
Park, S. and Ungson, G. (1997), “The effect of national culture, organizational complementarity, and economic motivation on joint venture dissolution”, The Academy of Management Journal, Vol. 40 No. 2, pp. 279-307.
Parkhe, A. (1993), “Strategic alliance structuring: a game theoretic and transaction cost examination of inter-firm cooperation”, The Academy of Management Journal, Vol. 36 No. 4, pp. 794-829.
Pavitt, K. (2002), “Innovating routines in the business firm: what corporate tasks should they be accomplishing?”, Industrial and Corporate Change, Vol. 11 No. 1, pp. 117-133.
Rammer, C., Czarnitzki, D. and Spielkamp, A. (2009), “Innovation success of non-R&D-performers: substituting technology by management in SMEs”, Small Business Economics, Vol. 33 No. 1, pp. 35-58.
Rese, A. and Baier, D. (2011), “Success factors for innovation management in networks of small and medium enterprises”, R&D Management, Vol. 41 No. 2, pp. 138-155.
Ring, P. and Van de Ven, A. (1994), “Developmental processes of cooperative interorganizational relationships”, The Academy of Management Review, Vol. 19 No. 1, pp. 90-118.
Ritala, P. and Hurmelinna-Laukkanen, P. (2009), “What’s in it for me? Creating and appropriating value in innovation-related coopetition”, Technovation, Vol. 29 No. 12, pp. 819-828.
Robertson, T. and Gatignon, H. (1998), “Technology development mode: a transaction cost conceptualization”, Strategic Management Journal, Vol. 19 No. 6, pp. 515-531.
Sakakibara, M. (1997), “Heterogeneity of firm capabilities and cooperative research and development: an empirical examination of motives”, Strategic Management Journal, Vol. 18 No. S1, pp. 143-164.
Sampson, R. (2004), “The cost of misaligned governance in R&D alliances”, The Journal of Law, Economics & Organization, Vol. 20 No. 2, pp. 484-526.
Sampson, R. (2005), “Experience effects and collaborative returns in R&D alliances”, Strategic Management Journal, Vol. 26 No. 11, pp. 1009-1031.
Shenkar, O. (2001), “Cultural distances revisited: towards a more rigorous conceptualization and measurement of cultural differences”, Journal of International Business Studies, Vol. 32 No. 3, pp. 519-535.
Silipo, D.B. (2008), “Incentives and forms of cooperation in research and development”, Research in Economics, Vol. 62 No. 2, pp. 101-119.
Teece, D.J. (1986), “Profiting from technological innovation: implications for integration, collaboration, licensing and public policy”, Research Policy, Vol. 15 No. 6, pp. 285-305.
Tello-Gamarra, J. and Zawislak, P. (2013), “Transactional capability: innovation’s missing link”, Journal of Economics, Finance and Administrative Science, Vol. 18 No. 34, pp. 2-8.
Tripsas, M., Schrader, S. and Sobrero, M. (1995), “Discouraging opportunistic behavior in collaborative R&D: a new role for government”, Research Policy, Vol. 24 No. 3, pp. 367-389.
Veugelers, R. (1997), “Internal R&D expenditures and external technology sourcing”, Research Policy, Vol. 26 No. 3, pp. 303-315.
Veugelers, R. and Cassiman, B. (2005), “R&D cooperation between firms and universities: some empirical evidence from Belgian manufacturing”, International Journal of Industrial Organization, Vol. 23, pp. 355-379.
Williamson, O. (1981), “The economics of organization: the transaction cost approach”, American Journal of Sociology, Vol. 87 No. 3, pp. 548-577.
Williamson, O. (1985), The Economic Institutions of Capitalism, Free Press, New York, NY.
Williamson, O. (1999), “Strategy research: governance and competence perspectives”, Strategic Management Journal, Vol. 20 No. 12, pp. 1087-1108.
Williamson, O. (2002), “The theory of the firm as governance structure: from choice to contract”, Journal of Economic Perspectives, Vol. 16 No. 3, pp. 171-195.
Zajac, E. and Olsen, C. (1993), “From transaction cost to transactional value analysis: implications for the study of interorganizational strategies”, Journal of Management Studies, Vol. 30 No. 1, pp. 131-145.