Transactional dynamics in European R&D networks: an assessment of Eureka



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Brandao Fischer, Bruno and Molero Zayas, José (2015) Transactional dynamics in European R&D networks: an assessment of Eureka. European Journal of Innovation Management, 18 (3). pp. 330-354. ISSN 14601060

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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.

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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.

Uncontrolled Keywords:R&D management; Transaction costs; Eureka programme; European research area; International R&D cooperation
Subjects:Social sciences > Economics > Economic cooperation
Social sciences > Economics > Business enterprises
ID Code:60533
Deposited On:19 May 2020 12:18
Last Modified:19 May 2020 12:18

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