合资研发企业的合作伙伴接近性与关系特定资本

Conrad S. Ciccotello, Richard Fu
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引用次数: 0

摘要

各方之间的地理邻近增加了个人互动,并加强了对协作创新成功至关重要的隐性信息的交换。在582家合资研发企业的样本中,我们观察到合作伙伴之间的距离差异很大。控制合作伙伴之间的自我选择,我们发现地理位置更接近的各方倾向于提前建立更长的合同期限,以解决与隐性信息共享增加相关的合同风险。我们认为,合作伙伴在联合研发中的接近性导致了特定关系资本的产生。因此,当合作伙伴地理位置接近时,可操作的治理模式本质上是组织性的。JEL分类:D23;L24
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Partner Proximity and Relationship-Specific Capital in Joint R&D Ventures
Geographic proximity between parties increases personal interactions and enhances the exchange of tacit information vital to success in collaborative innovation. In a sample of 582 joint R&D ventures, we observe that the distance between partners varies widely. Controlling for the self-selection among partners, we find that more geographically proximate parties tend to establish longer contract duration ex ante to address contracting risks associated with the increased sharing of tacit information. We argue that partner proximity in joint R&D leads to the creation of relationship-specific capital. Thus, the operative governance mode when partners are geographically proximate is organizational in nature. JEL Classification: D23; L24
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