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Market-, Firm-, and Project-Level Effects on the Innovation Impact of Collaborative R&D Projects

Author

Listed:
  • Konstantinos C. Kostopoulos

    (University of Piraeus)

  • Yiannis Spanos

    (Athens University of Economics and Business)

  • Klas Eric Soderquist

    (Athens University of Economics and Business)

  • Gregory Prastacos

    (Stevens Institute of Technology)

  • Nicholas S. Vonortas

    (George Washington University
    University of Campinas
    Higher School of Economics, Russian Federation)

Abstract

This study determines the factors that exert important influences on the success of collaborative research and development (R&D) projects. The study uses data from a cross-European sample of collaborative R&D projects under EU Framework Programs, supported with relevant qualitative evidence from a series of case studies, and focuses on three levels of possible factors: market, firm, and project levels. The results indicate that partnering firm innovation experience, innovation protection mechanisms, effective management of rules and regulations, and the existence of commercially driven projects that open up new technological areas are the factors with the strongest significant effect on product and/or process innovation. The findings contribute to understanding of how and under what conditions innovation can be developed in collaborative R&D projects.

Suggested Citation

  • Konstantinos C. Kostopoulos & Yiannis Spanos & Klas Eric Soderquist & Gregory Prastacos & Nicholas S. Vonortas, 2019. "Market-, Firm-, and Project-Level Effects on the Innovation Impact of Collaborative R&D Projects," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1384-1403, December.
    • Handle: RePEc:spr:jknowl:v:10:y:2019:i:4:d:10.1007_s13132-015-0342-8
    DOI: 10.1007/s13132-015-0342-8
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    Cited by:

    1. Klessova, Svetlana & Engell, Sebastian & Thomas, Catherine, 2022. "Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects," Technovation, Elsevier, vol. 116(C).
    2. Inha Oh & Seogwon Hwang, 2024. "Assessing the Effect of the Size of R&D Subsidies on the Economic Performance of SMEs: Comparison of Manufacturing and Service Firms in Korea," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 518-546, March.
    3. Svetlana Klessova & Sebastian Engell & Catherine Thomas, 2022. "Dynamics of couplings and their implications in inter-organizational multi-actor research and innovation projects," Post-Print hal-03690108, HAL.
    4. Svetlana Klessova & Sebastian Engell & Catherine Thomas, 2022. "Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects," Post-Print hal-03636260, HAL.

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