Determinants of R&D cooperation in Japanese start-ups

► This paper examines the determinants of R&D cooperation in Japanese start-ups. ► We focus on founder's human capital such as education and business experiences. ► We distinguish cooperation with academic institutes from that with business partners. ► Human capital factors that affect R&am...

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Bibliographic Details
Published in:Research policy 2011-06, Vol.40 (5), p.728-738
Main Authors: Okamuro, Hiroyuki, Kato, Masatoshi, Honjo, Yuji
Format: Article
Language:English
Subjects:
Business
Business education relationship
Business ethics
Business partner
Business partnership
Cooperation
Determinants
Documents
Education
Entrepreneurship
Founder
Higher education
Human capital
Innovation
Japan
Policies
Public-private partnership
R&D
R&D cooperation
Research & development
Research and development
Scientific cooperation
Start-up
Start-up R&D cooperation Founder Human capital University Business partner
Startups
Studies
Subsidiaries
Subsidiary
Survey data
Universities
University
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Summary:► This paper examines the determinants of R&D cooperation in Japanese start-ups. ► We focus on founder's human capital such as education and business experiences. ► We distinguish cooperation with academic institutes from that with business partners. ► Human capital factors that affect R&D cooperation differ across partner types. This paper explores the determinants of R&D cooperation in Japanese start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by type of partners. Our findings indicate that founder-specific characteristics such as educational background, prior innovation output, and affiliation to academic associations are fairly important in determining R&D cooperation with academic institutes (universities and public research institutes). We also provide evidence that founders’ prior innovation output and work experience have positive and significant effects on R&D cooperation with business partners. With respect to firm-specific characteristics, it is found that firms investing more in R&D tend to engage in R&D cooperation, regardless of the type of partners. Furthermore, it is found that independent firms are less likely to cooperate in R&D with academic institutes than subsidiaries and affiliated firms.
ISSN:0048-7333
1873-7625
DOI:10.1016/j.respol.2011.01.012