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  4. March 2002
  5. When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

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

  • Lee G. Branstetter
  • Mariko Sakakibara
American Economic Review
vol. 92, no. 1, March 2002
(pp. 143–159)
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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)

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

JEL Classification

  • O32 Management of Technological Innovation and R&D
  • O38 Technological Change: Government Policy
  • O31 Innovation and Invention: Processes and Incentives