Why Firms Form (Or do not Form) RJVS
利用美国国家合作研究法案的数据，通过估计内生转换模型，分析企业组建研究合资企业的激励与障碍，发现不同规模企业存在不组建的动机，而成本分担是重要激励因素。
In this article, we examine why it is difficult to induce firms to form Research Joint Ventures (RJVs). We examine various incentives and disincentives for RJV formation by estimating an endogeneous switching model using data from the US National Cooperative Research Act. The empirical findings support hypotheses that firms of different sizes have disincentives to form RJVs and that cost-sharing is an important incentive for RJV participation. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007.