“…Nevertheless, if we consider that in the majority of cooperative partnerships, one of the crucial features is the motivation to learn from one's partner, thus acquiring knowledge that in the majority of cases will complement one's own (Gonard, 1999) this result is somewhat worrying. According to the theory of absorptive capacity (Cohen and Levinthal, 1990), in order to be able to absorb the scientific knowledge transferred by universities, firms need to have a strong internal R&D (Fundación Cotec, 1999), but it has also been shown that partnerships with universities cannot replace internal investment in basic R&D (Bonaccorsi and Piccaluga, 1994;Acosta and Modrego, 1998;Ham and Mowery, 1998).…”