Research Policy 2007
Technological flows and choice of joint ventures in technology alliances
open access
Abstract
This paper analyses the influence of technological flows in the choice of joint ventures as a governance form of technology alliances, using a theoretical framework based on Transaction Costs Economics and the Economics of Intellectual Property Rights. We argue that the formation of a joint venture is only necessary in situations for which technological flows make the monitoring of alliance activities and the distribution of cooperation rents difficult. Our hypotheses have been confirmed using a sample of technology alliances created by companies from the European Union between 1992 and 1999.
- DOI
- 10.1016/j.respol.2007.06.009
- Sources
- semanticscholar openalex