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Controlling contractual exchange risks in R&D interfirm cooperation: an empirical study

Helm, Roland and Kloyer, M. (2004) Controlling contractual exchange risks in R&D interfirm cooperation: an empirical study. Research Policy 33 (8), pp. 1103-1122.

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Abstract

Suppliers and buyers of R&D results perceive two exchange risks: first, the risk to achieve a lower profitability on the innovation return than the exchange partner, second, the risk of the partner becoming a competitor by unplanned, one-sided knowledge flows. Both risks motivate opportunistic behaviour. The paper deals with the reduction of the perceived supplier risks. We analyse how an option ...

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Item Type:Article
Date:2004
Institutions:Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Betriebswirtschaft, insbesondere Strategisches Industriegütermarketing (Prof. Dr. Roland Helm)
Identification Number:
ValueType
10.1016/j.respol.2004.05.003DOI
Keywords:R&D interfirm cooperation; Transaction Cost Theory; Agency Theory; Contractual arrangements; Exchange risks
Subjects:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Unknown
Owner: Ingrid Mittermeier
Deposited On:17 Nov 2010 09:35
Last Modified:15 Jul 2011 10:27
Item ID:18074
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