R&D Cooperation Between Firms—A Perceived Transaction Cost Perspective
从感知交易成本视角,分析企业特征和研发任务类型如何影响企业对交易成本的感知,以及这种感知与合作成功的关系。
Transaction cost is considered as an explanatory variable for the choice between markets and various organizational arrangements for performing some predefined tasks, such as engaging in private R&D. With respect to R&D cooperation between firms, we show that the perception of high transaction cost is related to certain characteristics of the firm and to the type of R&D task. We also show a relationship between the perception of transaction cost and the perceived success of the cooperation. The analysis sheds light on various determinants of transaction costs.