R&D Cooperation Between Firms---A Perceived Transaction Cost Perspective

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Klaus Brockhoff;
  • Journal: Management Science,volume 38,issue 4 April,pages514-524
  • Related identifiers: doi: 10.1287/mnsc.38.4.514
  • Subject: research and development, cooperation, transaction cost

Transaction cost is considered as an explanatory variable for the choice between markets and various organizational arrangements for performing some predefined tasks, such as engaging in private R&D. With respect to R&D cooperation between firms, we show that the percep... View more
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