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When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data / Lee G. Branstetter, Mariko Sakakibara.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Branstetter, Lee G.
Contributor:
National Bureau of Economic Research.
Sakakibara, Mariko.
Series:
Working Paper Series (National Bureau of Economic Research) no. w7972.
NBER working paper series no. w7972
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2000.
Summary:
We examine the impact of a large number of Japanese government-sponsored research consortia on the research productivity of participating firms by measuring their patenting in the targeted technologies before, during, and after participation. Consistent with the theoretical predictions of Katz (1986) and others, we find consortium outcomes are positively associated with the level of potential R&D spillovers within the consortium and (weakly) negatively associated with the degree of product market competition among consortium members. Furthermore, our evidence suggests that consortia are most effective when they focus on basic research.
Notes:
Print version record
October 2000.

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