This paper contributes to the knowledge-incentive based explanation of R&D networks. It argues that knowledge overlap and novelty are complementary inputs of any R&D alliance, and the complementarity coefficients depend on the incremental or radical nature of the research activity. The relation...

R&D outsourcing is often conducted during the early, market-distant stages of the innovation process. However, the main obstacle to this potentially efficient interfirm specialization is the high danger of moral hazard. Most organizational mechanisms fail to control that type of opportunism...

The existing literature on R&D networks has focused on networks among firms who compete in the product market (downstream networks). This article develops the literature by casting the analysis in the context of a vertically related industry, where both downstream firms and their upstream...

This paper focuses on inter-organizational R&D collaborations as captured by joint research projects funded within the European Framework Programmes for Research and Technological Development (EU-FPs). We identify determinants of collaboration, including actor characteristics, relational and...

This paper presents the first results of ETLA and Etlatieto Ltd Study of Finnish biotechnology firms. The majority of Finnish biotechnology firms are quite young and still in the early stages of gainful economic activities. Their turnover, profits and exports are, for the younger firms in...