Abstract
Cooperative research ventures, in which several firms pool their resources in order to develop new technologies, have become more prevalent in recent years. As noted by Link and Tassey, collaborative research among industrial enterprises is not a new phenomenon [1]. For example, firms have supported the research efforts of trade associations since the turn of the century. However, it appears that both the scope and the nature of privately organized cooperative research programs have changed significantly. During the period from 1973 to 1980, there was only one year in which more than 200 joint ventures were reported, whereas in 1982 and 1983 the number had risen to 281 and 348, respectively. Moreover, earlier cooperative research efforts were relatively minor in scope, and not intended, for example, to develop radically new industrial products or processes. By comparison, the more recent cooperative research efforts have been more ambitious.
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© 1989 Kluwer Academic Publishers
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Cordes, J.J., Watson, H.S. (1989). Financing Industry—Government Cooperation in Industrial Research. In: Link, A.N., Tassey, G. (eds) Cooperative Research and Development: The Industry—University—Government Relationship. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2522-9_2
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DOI: https://doi.org/10.1007/978-94-009-2522-9_2
Publisher Name: Springer, Dordrecht
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