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Transactional dynamics in European R&D networks: an assessment of Eureka Brandao Fischer, Bruno Molero Zayas, José The authors acknowledge valuable contribution from the Eureka Secretariat and from the Spanish Centro de Desarrollo Tecnológico Industrial for providing data sets for the empirical analysis. The authors would also like to thank John Rigby, Vitor Corado Simões, Manuel García Goñi, two anonymous referees for their valuable contributions to this paper, and the Editor, Professor Christos Kalantaridis, for his support throughout the submission process. The usual disclaimers apply. The purpose of this paper is to verify the impacts of the transaction costs rationale on economic agents’ innovative results when they engage in European R&D networks, supplying both firms and policymakers with empirical support for improved decision making toward economic competitiveness and construction of the European research area. Furthermore, unlike many transaction cost economics assessments, the authors evaluate the existence of transaction costs following a dynamic framework of analysis (instead of using solely ex ante governance choice as a driver of inter-firm“friction” management), offering a novel perspective on these phenomena. 2023-06-19T13:39:12Z 2023-06-19T13:39:12Z 2015 journal article 14601060 DOI 10.1108/EJIM-10-2013-0097 https://hdl.handle.net/20.500.14352/34204 http://dx.doi.org/10.1108/EJIM-10-2013-0097 eng restricted access Emerald Group Publishing Ltd.