RESEARCH JOINT VENTURES AND INTERNATIONAL COMPETITIVENESS: EVIDENCE FROM THE NATIONAL COOPERATIVE RESEARCH ACT

被引:5
作者
DeCourcy, Julie [1 ]
机构
[1] Trinity Univ, Dept Econ, One Trinity Pl, San Antonio, TX 78212 USA
关键词
Cooperative R&D; Trade balance; Competitiveness; NCRA;
D O I
10.1080/10438590600661822
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the USA, firms engaged in cooperative research and development (R&D) are accorded more lenient antitrust treatment by the National Cooperative Research Act (NCRA). An objective of the NCRA was to give American firms a competitive advantage over foreign firms. This article addresses whether the NCRA has had that effect. Analysis of panel data containing information on industry trade balance and cooperative R&D reveals that the trade balance in industries with participants in cooperative R&D is approximately $620 million higher than the trade balance in industries without participants in cooperative R&D. This suggests the possibility of improved competitiveness.
引用
收藏
页码:51 / 65
页数:15
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