Cooperative R & D and Firm Performance

  • Belderbos R
  • Carree M
  • Lokshin B
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Abstract

We analyse the impact of different R&D cooperation strategies on firm performance jointly with the impact of innovation expenditures and the effect of incoming knowledge spillovers that are not due to collaborative R&D, using data on a large sample of innovating firms in two waves of the biannual Dutch Community Innovation Surveys. The results confirm a major heterogeneity in the goals of R&D cooperation, with competitor and supplier cooperation focused on incremental innovations improving productivity growth, while university cooperation and again competitor cooperation are instrumental in creating radical innovations, generating sales of products and services that are novel to the market.

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Authors

  • René Belderbos

  • Martin Carree

  • Boris Lokshin

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