Autori:
Rossi, Federica ,
Geuna, Aldo ,
Lawson, Cornelia ,
Bodas Freitas , Isabel Maria Titolo:
How Industry Inventors Collaborate with Academic Researchers: The choice between shared and unilateral governance forms.Periodico:
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper seriesAnno:
2014 - Volume:
1 - Fascicolo:
2 - Pagina iniziale:
1 - Pagina finale:
36We investigate under what circumstances firms (industry inventors) are more likely to engage in interactions
where governance of the relationship is shared between the firm and the university, as opposed to interactions
where the relationship is governed unilaterally by the firm. Using PIEMINV, an original dataset of European
industry patents in the Italian region of Piedmont, we analyse the characteristics of inventors with diverse
experience in projects involving interactions with universities, governed by institutional contracts or personal
contracts. Our results suggest that reliance among inventors of the two forms of governance is almost equal, and
that unilateral governance forms are preferred when there are high levels of trust among the parties based on
embeddedness in local social and education networks. This is likely because it involves less cumbersome and more
direct interactions. We find also that knowledge characteristics are not particularly important discriminants of
the choice between governance forms: the advantage of shared governance seems to reside mainly in the possibility
to mitigate monitoring and asymmetric information problems in contexts of relatively low levels of mutual knowledge and trust
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