Inter-organizational collaboration and financing constraints for R&D

被引：9

作者：

Czarnitzki, Dirk ^{[1
,2
,3
]}

Hottenrott, Hanna ^{[1
,3
,4
]}

机构：

[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, Naamsestr 69, B-3000 Leuven, Belgium

[2] Katholieke Univ Leuven, Ctr R&D Monitoring ECOOM, Leuven, Belgium

[3] Ctr European Econ Res ZEW, Mannheim, Germany

[4] Tech Univ Munich, TUM Sch Management, Arcisstr 21, D-80333 Munich, Germany

来源：

ECONOMICS LETTERS | 2017年 / 161卷

关键词：

Research and development; Liquidity constraints; Collaborative research; Industry-science links; Innovation policy; ALLIANCES; INVESTMENT; FIRM;

D O I：

10.1016/j.econlet.2017.09.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

R&D collaborations that combine resources and exploit complementary expertise contribute to the successful creation and implementation of new knowledge. Collaborative R&D may further be a way in which firms cope with financing constraints. Based on panel data for a large sample of R&D-active firms, findings provide empirical support for this hypothesis. Results show that collaborating firms rely less on internal funding for research than others even when accounting for firms' selection into collaborations. (C) 2017 Elsevier B.V. All rights reserved.

引用

页码：15 / 18

页数：4

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