Striving Towards R&D Collaboration Performance: The Effect of Asymmetry, Trust and Contracting.

This paper examines the effects of trust, asymmetry and contracting in R&D collaboration. At best, asymmetry brings major benefits to collaborating firms, but it may also become the basis of dissimilar orientation towards informal and formal governance methods, which makes managing the collaboration and reaching goals more complex. These issues are studied among 87 small Finnish ICT firms and the findings indicate that drawing overly straight generalizations on the roles of trust, contracting and asymmetry in R&D collaboration is risky. They all are closely bound together, affect each other differently, and have multiple dimensions. [ABSTRACT FROM AUTHOR]