“…To compose the set of variables in the dimension on decision-making process, the following issues were considered; strategic decision making with the ability to act quickly and flexibly in the face of the challenges of R&D and cooperation, the predisposition to accept high levels of risk (risk-taking) with innovation and shared responsibilities within the governance of cooperation (Banholzer & Vosejpka, 2011;Claver et al, 1998;Dobni, 2008;Leede & Looise, 2005;Park et al, 2017;Popadiuk & Bido, 2016). The decision-making process on the choice of partners for cooperation expands into decisions that cover, for example, geographical distance, cooperation based on codified knowledge, infrastructure, reputation and prestige criteria related to the technological domain of the partner involved in the cooperation (Arvanitis et al, 2016;Bonfim, Gonçalves, Moreira & Jacometti, 2016;Claver et al, 1998;de Faria et al, 2010;Fitjar & Rodríguez-Pose, 2013;Savitskaya, Salmi & Torkkeli, 2010;Okamuro & Nishimura, 2013).…”