Different Missions and Commitment Power in R&D Organizations: Theory and Evidence on Industry-University Alliances

成果类型:
Article
署名作者:
Lacetera, Nicola
署名单位:
University System of Ohio; Case Western Reserve University
刊物名称:
ORGANIZATION SCIENCE
ISSN/ISSBN:
1047-7039
DOI:
10.1287/orsc.1080.0366
发表日期:
2009
页码:
565-582
关键词:
R&D organization firm boundaries industry-university relations
摘要:
This paper proposes a theory for why firms conduct some research activities in-house but outsource other projects to independent partners and for why firms retain different degrees of control over collaborative research projects. The focus is on the determinants of a company's choice to outsource research projects to academic organizations. Because of the different institutional missions of academic organizations, outsourcing a project to a university allows a firm to commit not to terminate or alter a scientifically valuable project before it is complete. This commitment is potentially valuable for the firm in an environment where scientific value and economic value may not coincide, and scientific workers are responsive to the incentives defined by their community of peers. An economic model that formalizes these arguments is developed. Empirical hypotheses are then formulated about the kind of research activities firms will outsource to universities and activities on which they will exert stronger control. Evidence from a sample of industry-university research agreements, as well as from other large-sample and case studies, shows patterns consistent with the predictions of the model.