Governance structures in R&D networks: An analysis in the European context |
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Authors: | N. Arranz [Author Vitae] J.C. Fdez. de Arroyabe [Author Vitae] |
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Affiliation: | a Faculty of Economics and Business Administration (UNED), Calle Senda del Rey, 11, 28040, Madrid, Spain b ESIC Business and Marketing School, Avenida Valdenigrales, s/n, 28223, Pozuelo de Alarcon, Madrid, Spain |
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Abstract: | This paper analyses governance structures used to organize partnerships in R&D networks using two approaches: transaction costs theory and social capital theory. We argue that these theories are complementary; this explains forms of governance through the degrees of administrative (structural and safeguard mechanism) and social factors (cohesion and openness) they embody. Data was obtained from European R&D networks created through Framework Programmes which include a great number of universities, non profit institutions and firms. Findings show the variables that characterize and explain the governance forms based on the applicability of R&D networks. This study not only provides a theoretical model for analysing governance structures of these networks, but is also useful for both improving the management of networks and for fostering collaboration at an international level. |
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Keywords: | R& D networks Governance structures Transaction cost Social capital |
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