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International R&D partnerships: the role of government funding in reducing transaction costs and opportunistic behavior
journal contribution
posted on 2021-08-20, 08:25 authored by Simone CorsiSimone Corsi, Feranita Feranita, Alfredo De MassisThe innovation management and policy literature suggests that government support generally
has a positive effect on SMEs’ R&D, innovation performance, and fostering international links.
However, research in this field has mainly examined the outcomes, overlooking the impact
during the course of the R&D partnership, especially in an international context. Using
longitudinal data and a transaction cost (TC) approach, we conduct an in-depth case study of a
UK-China innovation program aimed at supporting and facilitating R&D partnerships between
UK SMEs and Chinese organizations. Examining 11 UK SMEs with 12 R&D partnerships in
this program, we identify four stages of the R&D partnership with Chinese organizations,
revealing that government support both positively and negatively affects TCs at each stage.
Based on these positive and negative effects, we offer empirical and theoretical contributions,
as well as managerial and policy implications to support international R&D partnerships.
Funding
Research and Development Management Association (RADMA)
MGF Ltd
History
School
- Business and Economics
Department
- Business