Research Joint Ventures and Firm Level Performance | Zendy

Luigi Benfratello | Zendy; Alessandro Sembenelli | Zendy

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Research Joint Ventures and Firm Level Performance

Author(s) -

Luigi Benfratello,

Alessandro Sembenelli

Publication year - 2000

Publication title -

ssrn electronic journal

Language(s) - English

Resource type - Journals

ISSN - 1556-5068

DOI - 10.2139/ssrn.229252

Subject(s) - joint (building) , business , industrial organization , engineering , structural engineering

In this paper we test whether participation in EU sponsored Research Joint Ventures (RJVs) has a positive impact on participating firms' performance. We apply our statistical methodology to RJVs sponsored under two different programmes: EUREKA and (3rd and 4th) Programme Frameworks for Science and Technology (PFST). Overall results show a positive association between participation, labour and total factor productivity, and price cost margin only in the case of EUREKA. On the contrary, firms participating FPST RJVs do not show any clear pattern. performance

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