The effect of alliances on innovation patterns: : An analysis of the biotechnology industry

• Autores: Wilfried Zidorn, Marcus Wagner
• Localización: Industrial and Corporate Change, ISSN-e 1464-3650, Vol. 22, Nº. 6, 2013, págs. 1497-1524
• Idioma: inglés
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• Resumen

  • The purpose of this article is to show the effect of different types of alliances on the innovation patterns of successful firms in the biotechnology industry. Using a new approach to measuring changes in innovation patterns across technology classes, the results show that alliances are formed to specialize in a certain research field, rather than to enter a completely new market. The importance of this effect declines as the equity involvement of the partners in the alliance project increases.