Do alliances promote knowledge flows?

• 成果类型: Article; Proceedings Paper
• 署名作者: Gomes-Casseres, B; Hagedoorn, J; Jaffe, AB
• 署名单位: Brandeis University; Maastricht University
• 刊物名称: JOURNAL OF FINANCIAL ECONOMICS
• ISSN/ISSBN: 0304-405X
• DOI: 10.1016/j.jfineco.2004.08.011
• 发表日期: 2006
• 页码: 5-33
• 关键词: alliances; Technology transfer; patents; KNOWLEDGE; Multinational Companies

摘要

We explore the role of interfirm alliances as a mechanism for sharing technological knowledge. We argue that knowledge flows between alliance partners will be greater than flows between pairs of nonallied firms, and less than flows between units within single firms. Using patent citations as a proxy for knowledge flows, we find results that are consistent with these expectations. We then explore how firm characteristics affect knowledge flows within alliances and find positive effects due to technological, geographic, and business similarities between partners. We use alliance data from MERIT, patent data from the USPTO, and firm data from Compustat. (c) 2005 Elsevier B.V. All rights reserved.