The determinants of successful R&D consortia: government strategy for the servitization of manufacturing |
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Authors: | Feng-Jyh Lin Yi-Hsin Lin |
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Institution: | 1. Department of Business Administration, Feng Chia University, 100 Wenhwa Road, Seatwen, 40724, Taichung, Taiwan 2. Department of Leisure and Recreation Management, Asia University, Taichung, Taiwan
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Abstract: | The Taiwanese government has started to promote the concept of the ??servitization of manufacturing?? with a view to accelerating the servitization of the country??s manufacturing industries. The objective is to enable Taiwan??s industries to progress from manufacturing toward innovation, R&D, and services. The main purpose of this study is to explore the factors determining the formation of R&D consortia among Taiwanese firms. In a literature review and analysis, we distinguish the factors underlying the formation of these R&D consortia into internal and external factors. The findings show that four external factors are positively significant: the degree of industry competition, the appropriability conditions of innovations, government subsidies, and cooperation between firms in different industries. Firm size and firm age are among the internal factors that are significantly positive in the formation of R&D consortia. |
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