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American Economic Review: Vol. 92 No. 1 (March 2002)

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When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data

Article Citation

Branstetter, Lee G., and Mariko Sakakibara. 2002. "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data ." American Economic Review, 92(1): 143-159.

DOI: 10.1257/000282802760015649

Abstract

We examine the impact of a large number of Japanese government-sponsored research consortia on the research productivity of participating firms by measuring their patenting in the targeted technologies before, during, and after participation. Consistent with the predictions of the theoretical literature on research consortia, we find consortium outcomes are positively associated with the level of potential R&D spillovers within the consortium and (weakly) negatively associated with the degree of product market competition among consortium members. Furthermore, our evidence suggests that consortia are most effective when they focus on basic research. (JEL O32, O31, L52)

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Authors

Branstetter, Lee G. (Columbia Business School, Uris Hall, 3022 Broadway, New York, NY 10027 and National Bureau of Economic Research)
Sakakibara, Mariko (Anderson Graduate School of Management, University of California, Los Angeles, 110 Westwood Plaza, Los Angeles, CA 90095, US)


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