This paper investigates the incentives to participate in research joint ventures from the perspective of overall business diversification behavior. It presents evidence that: (a) RJVs tend to put together industrial activities differently than single firms; and, (b) the diversification decisions of RJV participants are triggered partly differently than the analogous decisions of firms that have not participated in the examined large set of RJVs. The results indicate that RJVs facilitate “experimentation.” They also indicate that the policy debate on inter-firm cooperation in R & D must consider the likely differences in strategic behavior between frequent RJV participants and other firms.
Review of Industrial Organization – Springer Journals
Published: Oct 15, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera