NIST GCR 06-889 - Findings from the Advanced Technology Program's Survey of Joint Ventures
2. ATP Support Encourages Joint Venture Formation, Ensures the Stability of Company Funding, and Fosters Trust among Joint Venture Partners
The Advanced Technology Program (ATP) funds high-risk, innovative research projects to accelerate the development of technology that will create broad-based economic and social benefits. By supporting collaboration among researchers in companies, universities, and nonprofit organizations, ATP makes possible the creation of research joint ventures that might not otherwise form. Once the joint venture has formed, important components of project success include each company's initial and continued financial support for the project and trust and cooperation among the joint venture partners. The Survey of ATP Joint Ventures explores the influence of ATP on the creation of joint ventures, the importance of ATP support for ensuring the stability of company funding and commitment to the project, and the importance of ATP involvement in helping to foster trust and cooperation among the joint venture partners.
Survey Questions |
- How likely is it that the joint venture would have formed without resources from ATP?
- How important is ATP support for ensuring stability of company funding and commitment to the project?
- How important is ATP involvement in helping to foster trust and cooperation among joint venture partners?
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Note: Only statistically significant results are reported in this publication.
ATP influences support for joint venture formation.
- More than nine in ten respondents indicated that without ATP resources, it is not likely that the joint venture would have formed (see Figure 2.1).
Figure 2.1 - Likelihood that the joint venture would have formed without support form ATP |
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Most respondents from different size companies said it was unlikely the joint venture would have formed without ATP support.
Table 2.1 - Percent of respondents indicating that without ATP support, the joint venture likely would not have formed, by company size1 |
| Company Sizes |
Percent of respondents who indicated that without ATP support, the joint venture likely would not have formed |
| Small |
95% |
| Medium |
93% |
| Large |
90% |
ATP inovlvement is important in helping to foster trust and coooperation among joint venture partners.
- More than six in ten respondents indicated that ATP involvement is very/extremely important in helping foster trust and cooperation among joint venture partners (see Figure 2.2).
Figure 2.2 - Importance of ATP involvement in fostering trust and cooperation among joint venture partners |
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Across joint ventures of varying sizes, respondents consistently reported that ATP involvement was important in helping to foster trust and cooperation among joint venture partners (see Table 2.2).
- Respondents representing joint ventures of different sizes did not differ in their perceptions of the importance of ATP involvement in fostering trust and cooperation among joint venture partners.
Table 2.2 - Percent of respondents who indicated that ATP involvement fosters trust and cooperation among joint venture partners, by number of joint venture partners |
Number of
joint venture partners |
Percent of respondents who indicated that ATP involvement is important for fosterning trust and cooperation among joint venture partners |
| 2 partners |
63% |
| 3 to 5 partners |
60% |
| 6 to 10 partners |
72% |
| 11+ partners |
61% |
ATP involvement is important in ensuring stability of company funding and commitment.
- Eight in ten respondents indicated that ATP support is very/extremely important to ensuring stability of company funding and commitment to the project (see Figure 2.3).
Figure 2.3 - Importance of ATP support for ensuring stability of company funding and commitment to the Joint Venture project |
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Respondents representing joint venture projects with two partners were more likely to view ATP support as important for ensuring stability in company funding and commitment to the joint venture project2 (see Table 2.3).
- Respondents representing joint ventures consisting of 2 partners were more likely than those
representing joint venture projects with 3 to 5 partners and those representing joint ventures with
11 or more partners to view ATP support as important for ensuring stability of company funding and commitment to the project.
- Regardless of the size of the joint venture teams, at least seven in ten of the respondents indicated
that ATP support was important for ensuring the stability of company funding and commitment to the
joint venture project.
Table 2.3 - Percent of respondents who indicated that ATP support is important for ensuring stability of company funding and commitment to the joint vneture project, by number of joint venture partners |
Number of
joint venture partners |
Percent of respondents who indicated that ATP support is important for ensuring stability of company funding and commitment to the joint venture porject |
| 2 partners |
89% |
| 3 to 5 partners |
76% |
| 6 to 10 partners |
84% |
| 11+ partners |
70% |
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1. For ATP, small companies have fewer thqt 500 employees, large companies are Fortune 500 companies, and medium size companies are all others.
2. We have combined the response categories "extremely important" and "very important" for ease of reporting.
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Date created: August 2, 2006
Last updated:
September 1, 2006
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