An analysis of policy initiatives to promote strategic research partnerships

Albert N. Link, David Paton, Donald S. Siegel

Research output: Contribution to journalArticle

48 Scopus citations

Abstract

Strategic research partnerships (SRPs) have become a salient feature of the US National Innovation System. We provide an overview of SRPs and examine the antecedents and consequences of centerpiece legislation designed to stimulate the formation of SRPs: the National Cooperative Research Act (NCRA) of 1984. NCRA allows firms to disclose their research joint ventures (RJVs) to the Department of Justice, which enabled them to significantly reduce their exposure to antitrust litigation. We estimate an econometric model of trends in RJV filings and find that, as intended by the legislation, the propensity of firms to engage in RJVs is sensitive to changes in the global competitiveness of US high-technology industries. More importantly, our results suggest that the establishment of the Commerce Department's Advanced Technology Program, which provides financial support to firms that engage in collaborative research projects, induced firms to engage in additional (privately financed) RJVs. This is a spillover mechanism that warrants further attention as national innovation systems evolve.

Original languageEnglish (US)
Pages (from-to)1459-1466
Number of pages8
JournalResearch Policy
Volume31
Issue number8-9
DOIs
StatePublished - Jan 1 2002
Externally publishedYes

Keywords

  • Advanced technology program (atp)
  • National cooperative research act (ncra)
  • Research joint ventures (rtvs)
  • Strategic research partnerships (srps)

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

Fingerprint Dive into the research topics of 'An analysis of policy initiatives to promote strategic research partnerships'. Together they form a unique fingerprint.

  • Cite this