IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v157y2020ics0040162520309252.html
   My bibliography  Save this article

Collaboration in innovation: An empirical test of Varieties of Capitalism

Author

Listed:
  • Schmid, Jon
  • Kwon, Seokbeom

Abstract

Do country-level institutions drive firm-level collaboration in invention? Hall and Soskice's (2001) Varieties of Capitalism (VoC) contends that the institutional configurations of modern capitalist economies push organizations towards country-specific behavioral patterns in terms of collaboration frequency and duration. In this article, we first extract these claims from the VoC literature and then test them in the empirical setting of collaboration in invention. Towards this end, we construct an original dataset of patents and employ a novel metric of historical collaboration stickiness. We find strong support in favor of Hall and Soskice's prediction that inter-firm collaboration will be more common within coordinated-market economies. However, the VoC claim that organizations within coordinated-market economies will form more durable collaborative relationships than those formed within liberal-market economies does not hold up to empirical scrutiny.

Suggested Citation

  • Schmid, Jon & Kwon, Seokbeom, 2020. "Collaboration in innovation: An empirical test of Varieties of Capitalism," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    • Handle: RePEc:eee:tefoso:v:157:y:2020:i:c:s0040162520309252
    DOI: 10.1016/j.techfore.2020.120099
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162520309252
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2020.120099?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nicoli Nattrass, 2014. "A South African Variety of Capitalism?," New Political Economy, Taylor & Francis Journals, vol. 19(1), pages 56-78, January.
    2. Marc R. DeVore & Moritz Weiss, 2014. "Who's in the cockpit? The political economy of collaborative aircraft decisions," Review of International Political Economy, Taylor & Francis Journals, vol. 21(2), pages 497-533, April.
    3. Meyer, Martin, 2000. "Does science push technology? Patents citing scientific literature," Research Policy, Elsevier, vol. 29(3), pages 409-434, March.
    4. Gene M. Grossman & Elhanan Helpman, 1994. "Endogenous Innovation in the Theory of Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 23-44, Winter.
    5. Joel A. C. Baum & Tony Calabrese & Brian S. Silverman, 2000. "Don't go it alone: alliance network composition and startups' performance in Canadian biotechnology," Strategic Management Journal, Wiley Blackwell, vol. 21(3), pages 267-294, March.
    6. David Aristei & Michela Vecchi & Francesco Venturini, 2016. "University and inter-firm R&D collaborations: propensity and intensity of cooperation in Europe," The Journal of Technology Transfer, Springer, vol. 41(4), pages 841-871, August.
    7. Gautam Ahuja, 2000. "The duality of collaboration: inducements and opportunities in the formation of interfirm linkages," Strategic Management Journal, Wiley Blackwell, vol. 21(3), pages 317-343, March.
    8. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    9. Kristie Briggs & Mary Wade, 2014. "More is better: evidence that joint patenting leads to quality innovation," Applied Economics, Taylor & Francis Journals, vol. 46(35), pages 4370-4379, December.
    10. Henny Romijn & Mike Albu, 2002. "Innovation, Networking and Proximity: Lessons from Small High Technology Firms in the UK," Regional Studies, Taylor & Francis Journals, vol. 36(1), pages 81-86.
    11. Arnold Verbeek & Koenraad Debackere & Marc Luwel & Petra Andries & Edwin Zimmermann & Filip Deleus, 2002. "Linking science to technology: Using bibliographic references in patents to build linkage schemes," Scientometrics, Springer;Akadémiai Kiadó, vol. 54(3), pages 399-420, July.
    12. Bjørn Asheim & Lars Coenen, 2006. "Contextualising Regional Innovation Systems in a Globalising Learning Economy: On Knowledge Bases and Institutional Frameworks," The Journal of Technology Transfer, Springer, vol. 31(1), pages 163-173, January.
    13. Carolina Castaldi & Koen Frenken & Bart Los, 2015. "Related Variety, Unrelated Variety and Technological Breakthroughs: An analysis of US State-Level Patenting," Regional Studies, Taylor & Francis Journals, vol. 49(5), pages 767-781, May.
    14. Jeongho Choi & Farok J Contractor, 2016. "Choosing an appropriate alliance governance mode: The role of institutional, cultural and geographical distance in international research & development (R&D) collaborations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 47(2), pages 210-232, February.
    15. Boschma, Ron & Capone, Gianluca, 2015. "Institutions and diversification: Related versus unrelated diversification in a varieties of capitalism framework," Research Policy, Elsevier, vol. 44(10), pages 1902-1914.
    16. Streb, Jochen, 2003. "Shaping the national system of inter-industry knowledge exchange: Vertical integration, licensing and repeated knowledge transfer in the German plastics industry," Research Policy, Elsevier, vol. 32(6), pages 1125-1140, June.
    17. Stolpe, Michael, 2002. "Determinants of knowledge diffusion as evidenced in patent data: the case of liquid crystal display technology," Research Policy, Elsevier, vol. 31(7), pages 1181-1198, September.
    18. Charles W. L. Hill, 1995. "National Institutional Structures, Transaction Cost Economizing and Competitive Advantage: The Case of Japan," Organization Science, INFORMS, vol. 6(1), pages 119-131, February.
    19. Sarath Balachandran & Exequiel Hernandez, 2018. "Networks and Innovation: Accounting for Structural and Institutional Sources of Recombination in Brokerage Triads," Organization Science, INFORMS, vol. 29(1), pages 80-99, February.
    20. Taylor, Mark Zachary, 2004. "Empirical Evidence Against Varieties of Capitalism's Theory of Technological Innovation," International Organization, Cambridge University Press, vol. 58(3), pages 601-631, July.
    21. Hall, Peter A. & Gingerich, Daniel W., 2009. "Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis," British Journal of Political Science, Cambridge University Press, vol. 39(3), pages 449-482, July.
    22. Jon Schmid & Ayodeji Fajebe, 2019. "Variation in patent impact by organization type: An investigation of government, university, and corporate patents," Science and Public Policy, Oxford University Press, vol. 46(4), pages 589-598.
    23. Bougrain, Frederic & Haudeville, Bernard, 2002. "Innovation, collaboration and SMEs internal research capacities," Research Policy, Elsevier, vol. 31(5), pages 735-747, July.
    24. Michael A. Witt & Gregory Jackson, 2016. "Varieties of Capitalism and institutional comparative advantage: A test and reinterpretation," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 47(7), pages 778-806, September.
    25. Tsai, Kuen-Hung, 2009. "Collaborative networks and product innovation performance: Toward a contingency perspective," Research Policy, Elsevier, vol. 38(5), pages 765-778, June.
    26. Jean O. Lanjouw & Mark Schankerman, 2004. "Patent Quality and Research Productivity: Measuring Innovation with Multiple Indicators," Economic Journal, Royal Economic Society, vol. 114(495), pages 441-465, April.
    27. Paul M. Romer, 1994. "The Origins of Endogenous Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 3-22, Winter.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rosalia Diaz-Carrion & Noelia Franco-Leal, 2022. "Social and strategic innovation: extending the varieties of capitalism to asian countries," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1453-1474, December.
    2. Moshfique Uddin & Anup Chowdhury & Geoffrey Wood, 2022. "The resilience of the British and European goods industry: Challenge of Brexit," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(4), pages 934-954.
    3. Chen, Jing & Hong, Junjie & Zhong, Weifeng & Wang, Chengqi & Liu, Xinghe, 2024. "Doing right at home: Do hometown CEOs curb corporate misconduct?11Chengqi Wang acknowledges the financial support of National Natural Science Foundation of China (No. 72332005). Xinghe Liu acknowledge," Technological Forecasting and Social Change, Elsevier, vol. 205(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. M. Moore, 2021. "Collaboration in Coworking Spaces: Impact on Firm Innovativeness and Business Models," Papers 2111.09866, arXiv.org.
    2. Kellard, Neil M. & Kontonikas, Alexandros & Lamla, Michael J. & Maiani, Stefano & Wood, Geoffrey, 2023. "Institutional settings and financing green innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 89(C).
    3. Frida Thomas Pacho, 2018. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 5(1), pages 1-1, December.
    4. Andrés Rodríguez-Pose & Riccardo Crescenzi, 2008. "Mountains in a flat world: why proximity still matters for the location of economic activity," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 1(3), pages 371-388.
    5. Manuel Acosta & Daniel Coronado & Esther Ferrándiz & Manuel Jiménez, 2022. "Effects of knowledge spillovers between competitors on patent quality: what patent citations reveal about a global duopoly," The Journal of Technology Transfer, Springer, vol. 47(5), pages 1451-1487, October.
    6. Boschma, Ron & Capone, Gianluca, 2015. "Institutions and diversification: Related versus unrelated diversification in a varieties of capitalism framework," Research Policy, Elsevier, vol. 44(10), pages 1902-1914.
    7. Malik, Tariq H., 2017. "Varieties of capitalism, innovation performance and the transformation of science into exported products: A panel analysis," Technological Forecasting and Social Change, Elsevier, vol. 118(C), pages 324-333.
    8. Kalm, Matias, 2012. "The Impact of Networking on Firm Performance - Evidence from Small and Medium-Sized Firms in Emerging Technology Areas," Discussion Papers 1278, The Research Institute of the Finnish Economy.
    9. Ron Boschma & Ernest Miguelez & Rosina Moreno & Diego B. Ocampo-Corrales, 2021. "Technological breakthroughs in European regions: the role of related and unrelated combinations," Papers in Evolutionary Economic Geography (PEEG) 2118, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2021.
    10. Karen Ruckman & Ian McCarthy, 2017. "Why do some patents get licensed while others do not?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 26(4), pages 667-688.
    11. Zhao, Shengchao & Zeng, Deming & Li, Jian & Feng, Ke & Wang, Yao, 2023. "Quantity or quality: The roles of technology and science convergence on firm innovation performance," Technovation, Elsevier, vol. 126(C).
    12. Bart Looy & Tom Magerman & Koenraad Debackere, 2007. "Developing technology in the vicinity of science: An examination of the relationship between science intensity (of patents) and technological productivity within the field of biotechnology," Scientometrics, Springer;Akadémiai Kiadó, vol. 70(2), pages 441-458, February.
    13. Acosta, Manuel & Coronado, Daniel, 2003. "Science-technology flows in Spanish regions: An analysis of scientific citations in patents," Research Policy, Elsevier, vol. 32(10), pages 1783-1803, December.
    14. Acosta, Manuel & Coronado, Daniel & Toribio, Mª Rosario, 2011. "The use of scientific knowledge by Spanish agrifood firms," Food Policy, Elsevier, vol. 36(4), pages 507-516, August.
    15. Daniel Nepelski & Vincent Roy & Annarosa Pesole, 2019. "The organisational and geographic diversity and innovation potential of EU-funded research networks," The Journal of Technology Transfer, Springer, vol. 44(2), pages 359-380, April.
    16. Gun Jea Yu & Joonkyum Lee, 2017. "When should a firm collaborate with research organizations for innovation performance? The moderating role of innovation orientation, size, and age," The Journal of Technology Transfer, Springer, vol. 42(6), pages 1451-1465, December.
    17. Daniel Herrero & Julián López-Gallego, 2022. "Revisiting varieties of capitalism: an empirical analysis of the institutional determinants of innovation in Germany," SN Business & Economics, Springer, vol. 2(8), pages 1-31, August.
    18. Kim, Eun-Hee & Kim, Yeonbae, 2023. "Can innovation be induced by state involvement in the market? Evidence within an expanded framework of Hall & Soskice (2001)," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 264-284.
    19. Nadarević, Sabine & Martin, Alexander, 2020. "A comparative study on the institutional determinants of social entrepreneurial activity: The moderating effect of capitalism," Flensburger Hefte zu Unternehmertum und Mittelstand 19, Jackstädt-Zentrum Flensburg.
    20. Max-Peter Menzel & Johannes Kammer, 2019. "Industry evolution in Varieties of Capitalism: a comparison of the Danish and US wind turbine industries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(6), pages 1381-1403.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:157:y:2020:i:c:s0040162520309252. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.