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

Published on Dec 1, 2013in Industrial and Corporate Change1.82
· DOI :10.1093/icc/dts042
Wilfried Zidorn1
Estimated H-index: 1
(University of Würzburg),
Marcus Wagner34
Estimated H-index: 34
(University of Würzburg)
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Abstract
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. Copyright 2013 The Author 2012. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.
  • References (67)
  • Citations (14)
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References67
Newest
Published on Jul 1, 2014in Journal of Evolutionary Economics1.44
Jackie Krafft16
Estimated H-index: 16
(University of Nice Sophia Antipolis),
Francesco Quatraro17
Estimated H-index: 17
(University of Nice Sophia Antipolis),
Pier-Paolo Saviotti2
Estimated H-index: 2
(University of Hohenheim)
The paper investigates the co-evolutionary patterns of the dynamics of technological alliances and of the structure of the knowledge base in the pharmaceutical sector. The main hypothesis under scrutiny is that technological alliances represent a key resource for firms in knowledge intensive sectors to cope with dramatic changes in the knowledge base, marked by the introduction of discontinuities opening up new technological trajectories. Using patent information and data on technological allian...
Published on Oct 1, 2011in Journal of Engineering and Technology
Marcus Wagner34
Estimated H-index: 34
(UDS: University of Strasbourg)
This paper addresses the question of how a target firm's innovation activities relate to the acquiring firm's R&D characteristics, and more specifically, if the former substitute for, or complement the acquirer's activities. It investigates this question in three narrowly defined high technology industries by analysing the association of three R&D characteristics of acquiring firms with different measures of acquisition extent and content. The R&D characteristics referred to are: addressing R&D ...
Published on Apr 1, 2011in Industrial and Corporate Change1.82
Andreas Al-Laham5
Estimated H-index: 5
(UMA: University of Mannheim),
Daniel Tzabbar10
Estimated H-index: 10
(Drexel University),
Terry L. Amburgey19
Estimated H-index: 19
(U of T: University of Toronto)
To extend the knowledge-based view of the firm, we examine how managing the dynamic balance that a firm must undertake between applying knowledge stocks and accessing knowledge flows may determine innovativeness. We found that while the effect of scientist's recruitment and alliances as two sources of knowledge flow decay overtime, high degrees of human and social capital stock reduces the speed of new assets erosion. Failing to account for the interactions between knowledge stocks and flows, as...
Published on Jul 7, 2010in Journal of Product Innovation Management3.78
Kendall W. Artz11
Estimated H-index: 11
(Baylor University),
Patricia M. Norman10
Estimated H-index: 10
(Baylor University)
+ 1 AuthorsLaura B. Cardinal19
Estimated H-index: 19
(UH: University of Houston)
Because of increasing levels of competition and decreasing product life cycles, a firm's ability to generate a continuous stream of innovations may be more important than ever in allowing a firm to improve profitability and maintain competitive advantage This paper investigates several issues that are central to an examination of the innovation productivity in a firm. First, the relationship between a firm's commitment to research and development and its innovative outcomes is examined. Two inno...
Published on Jan 1, 2010
Joel Stiebale11
Estimated H-index: 11
(University of Nottingham)
This paper provides empirical evidence on the relationship between cross-border acquisitions and innovation activities at the firm level. In contrast to previous studies that analyze the effects on innovation in target firms, this paper investigates the effects on the investing firms. For the empirical analysis a unique firm-level data set is constructed that combines survey data for German firms with a merger and acquisition database. After a cross-border acquisition, investing firms display a ...
Published on Jul 1, 2009in Journal of Product Innovation Management3.78
M. Berk Talay3
Estimated H-index: 3
(HEC Montréal),
Steven H. Seggie10
Estimated H-index: 10
(Özyeğin University),
Erin Cavusgil16
Estimated H-index: 16
(UM: University of Michigan)
This paper examines collaborative ventures leading toward the launch of new products in the pharmaceutical industry. These collaborative ventures are one of the most underresearched areas in the new product literature, yet the preponderance of these collaborative ventures makes it an area of great importance for scholars and practitioners alike. As such, the purpose of the study is to examine why some collaborative projects produce a favorable outcome (the launch of a product) whereas others do ...
Published on Jan 1, 2009in Journal of Business Venturing6.33
Vareska van de Vrande10
Estimated H-index: 10
(EUR: Erasmus University Rotterdam),
W. P. M. Vanheverbeke33
Estimated H-index: 33
(University of Hasselt),
Geert Duysters39
Estimated H-index: 39
(TU/e: Eindhoven University of Technology)
External knowledge sourcing is increasingly important for corporate entrepreneurship. In this study, we examine the effect of external and relational uncertainty on the governance choice for inter-organizational technology sourcing. We develop a number of hypotheses about the impact of environmental turbulence, technological newness, technological distance and prior cooperation on the choice between different governance modes. Data about external technology sourcing transactions in the pharmaceu...
Published on Dec 1, 2008in Research Policy5.42
Victor Gilsing20
Estimated H-index: 20
(Tilburg University),
Bart Nooteboom38
Estimated H-index: 38
(Tilburg University)
+ 2 AuthorsOord van den Aj2
Estimated H-index: 2
(TU/e: Eindhoven University of Technology)
In this paper we analyze the innovative performance of alliance networks as a function of the technological distance between partners, a firm's network position (centrality) and total network density.We study how these three elements of an alliance network, apart and in combination, affect the 'twin tasks' in exploration, namely novelty creation on the one hand and its efficient absorption on the other hand.For an empirical test, we study technology-based alliance networks in the pharmaceutical,...
Published on Aug 1, 2008in Economics Letters0.88
Christoph Grimpe17
Estimated H-index: 17
(Katholieke Universiteit Leuven),
Katrin Hussinger20
Estimated H-index: 20
(UM: Maastricht University)
This paper investigates the motive of pre-empting technology competition through mergers and acquisitions (M&A). Exploiting the patent application procedure at the European Patent Office we introduce a new measure for the possibility to create entry barriers in technology markets. Our results show significant evidence that firms engage in horizontal M&A to pre-empt competition in technology markets.
Published on Apr 1, 2008in Research Policy5.42
Cristina Quintana-García8
Estimated H-index: 8
,
Carlos A. Benavides-Velasco8
Estimated H-index: 8
This paper investigates how technological diversification influences the rate and specific types of innovative competence. We test a set of hypotheses in a longitudinal study of a sample of biotechnology firms. Our findings provide strong support for the premise that a diversified technology base positively affects innovative competence. Furthermore, technological diversification is found to have a stronger effect on exploratory than on exploitative innovative capability. This empirical evidence...
Cited By14
Newest
Studies have typically focused on the relationship between technological distance between partners in alliances, and innovation performance, from a direct tie or dyadic perspective. This paper explores the ego network set up in order to disclose how the second order technological distance, which is the distance between the partner and the partner’s partner, affects the innovation performance of the focal firm. To accomplish it, the network of alliances is built using biotechnological joint paten...
Published on Dec 1, 2017in Small Business Economics3.56
Marcus Wagner34
Estimated H-index: 34
(Augsburg College),
Wilfried Zidorn1
Estimated H-index: 1
(UDLAP: Universidad de las Américas Puebla)
The purpose of this paper is to show the varying effects of alliance portfolio size and heterogeneity on innovation in biotechnology firms. Previous literature has indicated that the number and heterogeneity of partners in an alliance portfolio might have positive effects on innovativeness. Yet, engaging in multiple and heterogeneous collaborations also raises managerial costs and complexity levels disproportionally, potentially causing detrimental performance effects. Analysis of a unique panel...
Published on Jun 1, 2017in Journal of Technology Transfer4.04
Stav Rosenzweig5
Estimated H-index: 5
(BGU: Ben-Gurion University of the Negev)
This study examines diversified knowledge and how it affects the impact of technological innovation. Specifically, we examine the effect of diversified technology knowledge—measured by technologies that underlie patents, and the effect of diversified country knowledge—measured by collaboration with inventors from other countries. Using Generalized Linear Latent and Mixed Modeling, we analyze 97,118 patents in the computers and communications industry and in the drugs and biotechnology industry, ...
Published on Nov 1, 2016in Journal of Product Innovation Management3.78
Hanna Hottenrott19
Estimated H-index: 19
(HHU: University of Düsseldorf),
Cindy Lopes-Bento8
Estimated H-index: 8
(UM: Maastricht University)
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance. Fewer studies addressed potential drawbacks of collaborative R&D. Collaborative R&D comes at the costs of coordination and monitoring, requires knowledge disclosure and involves the risk of opportunistic behaviour by the partners. Thus, while the net gains...
Published on Mar 1, 2016in Creativity and Innovation Management2.02
Stav Rosenzweig5
Estimated H-index: 5
(BGU: Ben-Gurion University of the Negev),
Amir Grinstein16
Estimated H-index: 16
(BGU: Ben-Gurion University of the Negev)
Researchers recently suggested that challenges in the form of adversities and constraints can actually promote individuals, teams and firms. However, it remains unclear how such challenges elicit positive innovation performance. Moreover, we still cannot distinguish between the conditions under which challenges enhance or hinder firm innovation performance. In this paper, we review the literature on coping with a specific and central type of challenge – resource challenge, such as a lack of fina...
Published on Jan 1, 2016in PharmaNutrition
S. Bornkessel4
Estimated H-index: 4
,
Stefanie Bröring13
Estimated H-index: 13
(University of Bonn),
S.W.F. Omta23
Estimated H-index: 23
(WUR: Wageningen University and Research Centre)
The aim of this paper is to advance the research on innovation at the pharma-nutrition interface by analysing the three steps of science, technology and market convergence in the area of probiotics using a life cycle perspective. Results from a bibliometric analysis drawing upon 8245 scientific publications, 2082 patents and 1357 news reports focussing on product launch announcements from 1990 up to 2009 indicate that the proposed curve shapes of the life cycles in the theory based framework can...
Published on Oct 1, 2015in Industrial and Corporate Change1.82
Hanna Hottenrott19
Estimated H-index: 19
(HHU: University of Düsseldorf),
Cindy Lopes-Bento8
Estimated H-index: 8
(HHU: University of Düsseldorf)
This study examines a sample of R&D-active manufacturing firms over the period 2000–2009 and shows that knowledge alliances have a positive effect on patenting in terms of both quantity and quality. More interestingly, we distinguish between alliances that aim at joint creation of new knowledge and alliances that seek knowledge exchange. The results suggest that firms engaged in creation alliances subsequently file more valuable patents as measured by the number of forward citations. On the othe...
Published on Jun 1, 2015in Journal of The Knowledge Economy
Taran Thune9
Estimated H-index: 9
(University of Oslo),
Pål Børing1
Estimated H-index: 1
The paper addresses the question of how firms develop innovation-related competencies, by looking at innovative firms and their partnerships with universities. We argue that university partnerships are a strategy taken by innovative firms to develop technological competencies and innovation capacity, rather than an approach to source externally developed knowledge. Based on resource dependence theory, we argue that firms of different sizes and investment in RD and that development of broader com...
Published on Jul 1, 2014in Journal of Evolutionary Economics1.44
Jackie Krafft16
Estimated H-index: 16
(University of Nice Sophia Antipolis),
Francesco Quatraro17
Estimated H-index: 17
(University of Nice Sophia Antipolis),
Pier-Paolo Saviotti2
Estimated H-index: 2
(University of Hohenheim)
The paper investigates the co-evolutionary patterns of the dynamics of technological alliances and of the structure of the knowledge base in the pharmaceutical sector. The main hypothesis under scrutiny is that technological alliances represent a key resource for firms in knowledge intensive sectors to cope with dramatic changes in the knowledge base, marked by the introduction of discontinuities opening up new technological trajectories. Using patent information and data on technological allian...
Published on 2014in arXiv: Digital Libraries
Antonio Messeni Petruzzelli21
Estimated H-index: 21
,
Daniele Rotolo12
Estimated H-index: 12
,
Vito Albino24
Estimated H-index: 24
The present paper extends the literature investigating key drivers leading certain patents to exert a stronger influence on the subsequent technological developments (inventions) than other ones. We investigated six key determinants, as (i) the use of scientific knowledge, (ii) the breadth of the technological base, (iii) the existence of collaboration in patent development, (iv) the number of claims, (v) the scope, and (vi) the novelty, and how the effect of these determinants varies when paten...
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