© 1997

Cooperation in Research and Development


Part of the Economics of Science, Technology and Innovation book series (ESTI, volume 11)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Introduction

    1. Nicholas S. Vonortas
      Pages 1-8
  3. Conceptualizing Research Joint Ventures

    1. Front Matter
      Pages 9-10
    2. Nicholas S. Vonortas
      Pages 43-81
    3. Nicholas S. Vonortas
      Pages 83-117
  4. Empirical Analysis of Research Jointventures

    1. Front Matter
      Pages 119-123
    2. Nicholas S. Vonortas
      Pages 125-141
    3. Nicholas S. Vonortas
      Pages 143-153
    4. Nicholas S. Vonortas
      Pages 155-165
    5. Nicholas S. Vonortas
      Pages 167-177
  5. Policy Challenges of Research Joint Ventures

    1. Front Matter
      Pages 219-221
    2. Nicholas S. Vonortas
      Pages 223-251
    3. Nicholas S. Vonortas
      Pages 253-267
  6. Back Matter
    Pages 269-289

About this book


Cooperation in Research and Development provides an empirical and theoretical analysis of a distinct form of inter-firm collaboration in Research & Development (R&D): research joint ventures (RJVs). Of all types of cooperation, RJVs have received the most attention in both formal industrial organization and science and technology policy literature. The emerging theoretical economic literature on incentives of firms to join RJVs has not been followed by much empirical work. Cooperation in Research and Development attempts to fill the void caused by this lack of consistent data on the rate of RJV formation, RJV characteristics, and RJV member characteristics.
Significant attention is paid to the role of RJVs in facilitating `virtual' firm diversification as necessary to pursue particular technological objectives. An effort is also made to blend the reported theoretical and empirical analyses with conceptual models of the process of technological innovation and models of industrial evolution in order to provide answers beyond the reach of the received economic theory. Cooperation in Research and Development should be of interest to academic economists, policy makers, and business representatives. The microeconomic issues the book deals with overlap significantly with the interests of decision makers both in government and business.


Industrial Organization development innovation research & development (R&D) technological innovation technology policy

Authors and affiliations

  1. 1.Center for International Science and Technology Policy and Department of EconomicsThe George Washington UniversityUSA

Bibliographic information

Industry Sectors
Chemical Manufacturing
Consumer Packaged Goods
Materials & Steel
Finance, Business & Banking


`...On the whole, however, the book is a valuable contribution both to the economics literature and for decision makers in government and business. In particular, it impresses strongly upon the reader an important underlying tension in both management and public policy towards industry - the paradox of promoting both competition and co-operation.'
Technovation 19:133-134 (1999)