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The Structure and Performance of U.S. Research Joint Ventures: Inferences and Implications from the Advanced Technology Program / James D. Adams, Albert N. Link.
- Format:
- Book
- Author/Creator:
- Adams, James D.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w23734.
- NBER working paper series no. w23734
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Structure and Performance of U.S. Research Joint Ventures
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2017.
- Summary:
- Research Joint Ventures (RJVs) are projects that combine the research resources of different firms. A sample of RJVs supported by the U.S. Advanced Technology Program shows that the projects yield revenues that are far less than costs. Related to this point, the RJVs are subject to commercialization delays, loss of intellectual property, and product market competition. Partner firms undertake joint research, but if they commercialize at all, they do so separately, to avoid splitting of revenues from new products. Ultimately, difficulties with the RJVs occur because frequently, firms are potential competitors.
- Notes:
- Print version record
- August 2017.
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