Risk perception and relational capital strategies in corporate research and development

  1. Irene López Navarro 1
  2. Jesús Rey Rocha 2
  3. María Isabel González Bravo 3
  1. 1 Department of Science, Technology and Society. Spanish Council for Scientific Research (IFS-CSIC) - Department of Sociology and Communication. University of Salamanca
  2. 2 Department of Science, Technology and Society. Spanish Council for Scientific Research (IFS-CSIC)
  3. 3 Faculty of Economics and Business. University of Salamanca
Revista española de documentación científica

ISSN: 0210-0614 1988-4621

Datum der Publikation: 2023

Ausgabe: 46

Nummer: 2

Art: Artikel

DOI: 10.3989/REDC.2023.2.1939 DIALNET GOOGLE SCHOLAR lock_openOpen Access editor

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R&D investment can have important benefits for companies, but it entails a high inherent risk and does not always produce the expected effects. One of the option to face R&D uncertainty is the collaboration with other entities. This study analyses whether perceptions by companies of risks associated with science and R&D are linked to relational capital strategies. This research is based on the results of the ‘Scientific culture, perception and attitudes toward science and innovation in the Spanish business sector’ survey. We identify five different patterns in companies’ risk perception and test how relational capital strategies shaped them. The results evidence that R&D collaboration is related to perceiving R&D as a risky and uncertain investment. In contrast, companies’ reluctance to join business associations is associated with particular concern about how this type of investment could affect employment within the company.

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