TY  - JOUR
AU  - Branstetter,Lee G.
AU  - Sakakibara,Mariko
TI  - When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 7972
PY  - 2000
Y2  - October 2000
UR  - http://www.nber.org/papers/w7972
L1  - http://www.nber.org/papers/w7972.pdf
N1  - Author contact info:
Lee G. Branstetter
Heinz College
School of Public Policy and Management
Department of Social and Decision Sciences
Carnegie Mellon University
Pittsburgh, PA  15213
Tel: 412/268-4649
E-Mail: branstet@andrew.cmu.edu

Mariko Sakakibara
Anderson Graduate School of Management
UCLA
110 Westwood Plaza, Suite B508
Los Angeles, CA  90095-1481
Tel: 310/825-7831;  mariko.sakakibara@anderson.ucla.edu
E-Mail: mariko.sakakibara@anderson.ucla.edu
AB  - We examine the impact of a large number of Japanese government-sponsored research consortia on the research productivity of participating firms by measuring their patenting in the targeted technologies before, during, and after participation.  Consistent with the theoretical predictions of Katz (1986) and others, we find consortium outcomes are positively associated with the level of potential R&D spillovers within the consortium and (weakly) negatively associated with the degree of product market competition among consortium members.  Furthermore, our evidence suggests that consortia are most effective when they focus on basic research.
ER  -