Book Description

Excerpt from Discouraging Opportunistic Behavior in Collaborative R& D: A New Role for Government Our findings show that not only can the government help to discourage opportunistic behavior in collaborative r&d, but firms recognize and appreciate that role. Overall, Italian firms participating in a Societa di Ricerca valued government actions such as helping to establish long term relationships and facilitating networking no differently from how they valued funding. In addition, there is evidence that firms learn through experience to better manage some aspects of collaboration, but not others. Firms with prior experience in collaborative r&d valued government assistance differently from those for whom the Societa was their first collaborative experience. Firms with prior experience placed significantly less value on government's institutional role of establishing a framework for cooperation than firms without prior experience did. Presumably these firms had learned to manage the initial set-up of a collaboration and felt less need for government guidance. They did not, however, learn to manage ex-post opportunistic behavior on their own, and still valued government's administrative role in controlling opportunism. In fact, these firms valued government's administrative role more highly, relative to funding, than firms with no prior experience did. It would appear that a comparison with the other collaborations in which they participate, made these firms more appreciative of the role of the government in controlling ex-post opportunism. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.