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Alliance governance and technological performance: some evidence from biotechnology alliances

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  • Jongwook Kim

Abstract

Pursuing alliance opportunities are fraught with difficulties due to information asymmetry between the potential partners, as well as technological and/or market uncertainties. In this article, I empirically test how social ties between alliance partners, alliance governance, and individual firm characteristics impact alliance performance. Since alliances are by definition relationships between two or more independent firms, defining and measuring alliance performance is difficult as the partner firms may have different objectives in entering the alliance. Therefore, analyzing alliance performance at different stages of the alliance process, using intermediate indicators of "success" can provide help to better understand the determinants of alliance performance as well as how these determinants may change over time. Copyright 2011 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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  • Jongwook Kim, 2011. "Alliance governance and technological performance: some evidence from biotechnology alliances," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 20(4), pages 969-990, August.
    • Handle: RePEc:oup:indcch:v:20:y:2011:i:4:p:969-990
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    File URL: http://hdl.handle.net/10.1093/icc/dtr016
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    Cited by:

    1. Guido Capaldo & Margarida Fontes & Lorella Cannavacciuolo & Pierluigi Rippa & Cristina Sousa, 2015. "Networks Mobilized to Access Key Resources at Early Stages of Biotech Firms: A Comparative Analysis in Two Moderately Innovative Countries," European Planning Studies, Taylor & Francis Journals, vol. 23(7), pages 1381-1400, July.
    2. Wenqiang Xiao & Yi Xu, 2012. "The Impact of Royalty Contract Revision in a Multistage Strategic R&D Alliance," Management Science, INFORMS, vol. 58(12), pages 2251-2271, December.
    3. Shakeri, Roya & Radfar, Reza, 2017. "Antecedents of strategic alliances performance in biopharmaceutical industry: A comprehensive model," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 289-302.
    4. Shantala Samant & Jongwook Kim, 2021. "Determinants of common benefits and private benefits in innovation alliances," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(2), pages 294-307, March.

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