An empirical evaluation of the determinants of Research Joint Venture Formation
使用欧洲研究合资企业的大样本数据，通过逻辑回归分析企业参与研究合资的决定因素，发现行业研发强度、集中度、企业规模、技术溢出和过往参与经历会提高合资概率，而专利有效性则降低该概率。
This paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs). A review of the theoretical literature highlights the difficulty of identifying testable hypotheses. Using a large database of European RJVs, we estimate a participation equation at the firm level using the logit procedure. We find that sectorial R&D intensity, industry concentration, firm size, technological spillovers, and past RJV participation positively influence the probability of forming RJVs. By contrast, patents’ effectiveness reduce the likelihood of RJV formation. Last, country fixed effects suggest that firms from larger countries are less likely to participate in cross–border RJVs.