Arbeitspapier

Empirical evidence on the success of R&D co-operation: Happy together?

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In this paper we analyse the effect of R&D co-operation on firms? innovation performance. We investigate the effect of past co-operation on current sales of innovative products, distinguishing between products new to the firm and new to the market, and on cost reductions due to innovative processes. Particular attention is paid to the impact of different co-operation partners. The analysis rests on firm-level data from two consecutive waves of the annual German innovation survey. We find that innovative firms that cooperate have a higher share of turnover with market novelties and a higher share of cost reduction due to process innovations than non-cooperating firms. In particular, R&D cooperation with research institutes has a positive influence on a firm's economic success with market novelties, while R&D co-operation with competitors leads to an increase in the cost reduction attributable to innovative processes.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 06-059

Classification
Wirtschaft
Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
Innovation and Invention: Processes and Incentives
Firm Performance: Size, Diversification, and Scope
Subject
R&D Co-operation
Innovation Success
Germany
Applied Econometrics

Event
Geistige Schöpfung
(who)
Aschhoff, Birgit
Schmidt, Tobias
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
2006

Handle
Last update
10.03.2025, 11:44 AM CET

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Object type

  • Arbeitspapier

Associated

  • Aschhoff, Birgit
  • Schmidt, Tobias
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 2006

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