This paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs). A review of the theoretical literature highlights the difficulty of identifying testable hypotheses. Using a large database of European RJVs, we estimate a participation equation at the firm...

Collaborative partnerships create interfirm linkages that potentially tie the fortunes of partnering firms to changing circumstances and decisions of each other. Yet not much is known about how firms in such partnerships are affected by their partners' post-formation decisions outside of...