Research Joint Ventures and firm level performance

In this paper we test whether participation in EU sponsored Research Joint Ventures (RJVs) has a positive impact on participating firms’ performance. We apply our statistical methodology to RJVs sponsored under two different programs: EUREKA and (3rd and 4th) Framework Programs for Science and Technology (FPST). Overall results show quite a different impact for firms participating in the two programs: a positive association between participation, labour productivity and price cost margin in the case of EUREKA, while firms participating FPST RJVs do not show any clear pattern. JEL: O31,O38.