Assessing the influence of differentiation strategy and R&D subsidies on R&D cooperation

Abstract

This paper explores the R&D cooperation determinants of the innovative companies belonging to the Spanish manufacturing sector. Our findings suggest that the variable R&D subsidy is endogenous, significant, and has a strong positive influence on R&D cooperation. This is a clear indication that the achievement of public aid is often conditioned by the obligation for companies to cooperate in R&D. We have also found that the differentiation strategy variable is significant and has a negative influence on R&D cooperation. Companies positioned in a differentiation strategy probably own and use some different knowledge from other companies. Consequently, they will not have much interest in taking advantage of the spillovers generated by other companies. It is therefore logical that they are reluctant to establish cooperation agreements on R&D. Therefore, companies positioned in the differentiation strategy need public policies to support R&D that are not conditioned to the establishment of cooperation agreements. ARTICLE HISTORY Received 7 December 2014 Revised 25 February 2016 Accepted 14 April 2016

DOI: 10.1080/09537325.2016.1180352

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Cite this paper

@article{GuisadoGonzlez2016AssessingTI, title={Assessing the influence of differentiation strategy and R&D subsidies on R&D cooperation}, author={Manuel Guisado-Gonz{\'a}lez and Carlos Ferro-Soto and Manuel Guisado-Tato}, journal={Techn. Analysis & Strat. Manag.}, year={2016}, volume={28}, pages={857-868} }