Determinants of R&amp;D cooperation in Japanese start-ups

Okamuro, Hiroyuki; Kato, Masatoshi; Honjo, Yusuke

doi:10.1016/j.respol.2011.01.012

Cited by 81 publications

(58 citation statements)

References 32 publications

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“…With rapid changes in the university system, the strategy of the partner university with regard to intellectual property (IP) policy is particularly important, especially in the Japanese context. Finally, previous empirical studies on UIC, including the studies on the determinants of UIC participation, concentrate on Western countries, especially in Europe, and few studies on UIC have been carried out in Japan and in East Asia (Eom and Lee 2010;Hemmert et al 2008;Motohashi 2005;Okamuro et al 2011), despite rapid development of UIC in recent 5 years.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Focusing on start-up firms, Okamuro et al (2011) show that top managers' human capital, including their graduate education, significantly affects firms' propensity to cooperate with universities and public research institutes. They argue that especially for small start-ups, top managers' human capital proxies extensive network and high capability of the firms, and signals their capability to potential partners, thereby allowing the firms to find university partners more easily.…”

Section: Top Managers' Educationmentioning

confidence: 99%

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Impact of university intellectual property policy on the performance of university-industry research collaboration

2012

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Despite various expected advantages, university-industry research collaboration (UIC), a relationship between two different worlds, often faces serious difficulties. Thus, the performance of UIC depends on the research partners' strategies to bridge the gaps between them according to the institutional environment. In Japan, UIC has developed rapidly since the late 1990s based on drastic institutional changes regarding universities. We pay special attention to the role of the university intellectual property (IP) policy introduced after 2003 and empirically examine its impact on the performance of UIC projects. A clear and equitable IP policy that can be applied flexibly to the needs of partners would be optimal for a UIC to be efficiently managed. Otherwise, the project might face serious conflicts of interests and low incentive for cooperation. Using a sample of Japanese firms from our original survey, we find that the IP policy of partner universities indeed has a positive and significant impact on various performances of UIC projects, controlling for firm and project characteristics and considering potential selection bias from UIC participation.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Top Managers' Educationmentioning

confidence: 99%

Impact of university intellectual property policy on the performance of university-industry research collaboration

2012

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“…With regard to firms' networks, several empirical studies have been conducted on the determinants of research collaborations with other firms (including business partners) or research institutes, but, with the exceptions of Colombo et al (2006) for Italy and Okamuro et al (2011) for Japan, few studies have focused on start-up firms and on the role of founder's human capital in establishing such networks. Moreover, as far as we know, no studies have explicitly addressed the determinants of business networks with customers or suppliers, although, as mentioned before, networks with business partners may strongly affect start-up performance.…”

Section: Previous Literaturementioning

confidence: 99%

“…Referring to Fontana et al (2006) and Okamuro et al (2011), we argue that founder's higher (university) education and business experience represent their ability and personal network (in size and quality), and signals their ability to a third party, say, potential business partners or lenders of bank loans 1 .…”

Section: Conceptual Framework and Hypothesesmentioning

confidence: 99%

Determinants of Business and Financial Network Formation by Japanese Start-up Firms: Does Founders’ Human Capital Matter?

Okamuro

Ikeuchi

2015

Advances in Japanese Business and Economics

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Abstract:Business start-ups are expected to make major contributions to economic growth. However, most of them lack internal business resources that are necessary for survival and growth. Therefore, business and financial networks that provide business opportunity and external resources are essential for the post-entry performance of start-ups. However, previous studies have not explicitly investigated the determinants of network formation. We argue that the formation of business and financial networks by start-up firms depends on founder's human capital measured by university education and work experience, and empirically test it with our original survey data of recent Japanese start-ups. Moreover, we focus not only on the size of such networks, but also their quality measured as the status of major partners. Empirical results show that founder's industry experience for 10 or more years has positive and significant effect on the size of both business and financial networks, while founder's university education positively affects not only the size, but also the quality of both business and financial networks. Moreover, we also find that founder's specific strength and personality also significantly affect network formation. We find no distinct differences between the determinants of business and financial network.

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“…Using a sample of relatively young technologybased firms in Italy, Columbo, Grilli, Piva (2006) found support for the idea that complementary assets are a motivation for alliance formation. Okamuro, Kato, Honjo (2011) argued that the background of the founding team determines the type of partner. Using a sample of Japanese startups, their results show a positive association between the presence of an academic founder and having a university research alliance.…”

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confidence: 99%

University Research Alliances, Absorptive Capacity, and the Contribution of Startups to Employment Growth

2014

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Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. University Research Alliances, Absorptive Capacity, and the Contribution of Startups to Employment Growth AbstractThis paper examines how university research alliances and other cooperative links with universities contribute to startup employment growth. We argue that "scientific absorptive capacity" at the startup is critical for reaping the benefits from university research alliances, but not necessarily for other university connections. We also estimate the aggregate employment contribution from startup firms and attribute those employment gains to university research alliances and other university connections.We find significant contributions to employment growth from university research alliances and other university connections, but scientific absorptive capacity is critical for university research alliances. Only 7% of the startup population maintained a university research alliance, but among these firms, 3.4% of their total jobs created were attributable to their alliances. These results suggest university connections are quite important for job growth and university research alliances contributed substantially to job creation for those firms that had such alliances.

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Determinants of R&D cooperation in Japanese start-ups

Cited by 81 publications

References 32 publications

Impact of university intellectual property policy on the performance of university-industry research collaboration

Impact of university intellectual property policy on the performance of university-industry research collaboration

Determinants of Business and Financial Network Formation by Japanese Start-up Firms: Does Founders’ Human Capital Matter?

University Research Alliances, Absorptive Capacity, and the Contribution of Startups to Employment Growth

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