The Impact of International Research Joint Ventures on SMEs Performance

Barajas, A. and Huergo, E. and Moreno, L. (2012): The Impact of International Research Joint Ventures on SMEs Performance.

Abstract

The objective of the present study is to analyse the effect of technological cooperation on SMEs performance consideringtwo dimensions: technological and economic results. For that purpose, we use a data set containing information about participants in research joint ventures supported by the SME-specific measures of the sixth Framework Programme. Empirical evidence corroborates a direct and positive impact on technological assets of participants. On the part of the economic indicators, EBITDA per employee and sales are positively influenced by the improvement of technological background. The same results are found for productivity. All those effects are effective in the medium term, confirming that SMEs use to be involved in market-oriented R&D projects.

• Item Type: MPRA Paper
• Language: English
• Keywords: research joint ventures, SMEs, impact assessment
• Subjects: L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior; H - Public Economics > H8 - Miscellaneous Issues > H81 - Governmental Loans ; Loan Guarantees ; Credits ; Grants ; Bailouts; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights

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