Depth and breadth of knowledge and the governance of technology alliances

被引:16
作者
Saleh Farazi, Mohammad [1 ]
Gopalakrishnan, Shanthi [2 ]
Perez-Luno, Ana [3 ]
机构
[1] Carlos III Univ Madrid, Dept Business Adm, Calle Madrid 126, Madrid 28903, Spain
[2] New Jersey Inst Technol, Martin Tuchman Sch Management, Newark, NJ 07102 USA
[3] Pablo de Olavide Univ, Dept Business Org & Mkt, Km 1 Crta, Seville 41089, Spain
关键词
Knowledge depth; Knowledge breadth; Alliances; Governance; Biopharma; RESOURCE-BASED THEORY; TRANSACTION COST; BIOTECHNOLOGY FIRMS; STRATEGIC ALLIANCES; EMPIRICAL-TEST; PERFORMANCE; INNOVATION; UNCERTAINTY; CHOICE; COOPERATION;
D O I
10.1016/j.jengtecman.2019.08.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper focuses on technology alliances between R&D intensive biotechnology firms and larger pharmaceutical companies. It aims to investigate whether the biotech partners can leverage the depth and the breadth of their knowledge resources to retain their equity ownership when forming an alliance, and whether prior alliance experience adds to their overall leverage. Using a sample of 390 alliances formed between US biotechnology and pharmaceutical companies, we find that biotech firms with deeper technological resources are more likely to retain their equity ownership, and that this relationship is stronger when the biotech firm has more alliance experience.
引用
收藏
页码:28 / 40
页数:13
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