Universities as partners in U.S. research joint ventures |
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| Authors: | Albert N Link John T Scott |
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| Institution: | a Department of Economics, University of North Carolina at Greensboro, Greensboro, NC 27412, USA
b Department of Economics, Dartmouth College, Hanover, NH 03755, USA |
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| Abstract: | This paper investigates the conditions when a research joint venture (RJV) will involve a university as a research partner. We hypothesize that larger RJVs are more likely to invite a university to join the venture as a research partner than smaller RJVs because larger ventures are less likely to expect substantial additional appropriability problems to result because of the addition of a university partner and because the larger ventures have both a lower marginal cost and a higher marginal value from university R&D contributions to the ventures’ innovative output. We test this hypothesis using data from the COoperative REsearch (CORE) database, and those data confirm the hypothesis. |
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| Keywords: | O330 O380 |
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