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

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  • Wilfried Zidorn
  • Marcus Wagner

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.

Suggested Citation

  • Wilfried Zidorn & Marcus Wagner, 2013. "The effect of alliances on innovation patterns: an analysis of the biotechnology industry," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(6), pages 1497-1524, December.
    • Handle: RePEc:oup:indcch:v:22:y:2013:i:6:p:1497-1524
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    File URL: http://hdl.handle.net/10.1093/icc/dts042
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    Citations

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    Cited by:

    1. Oh, Eun-Teak & Chen, Hao-Cheng & Nakamoto, Ryuichi & Liu, Ren-Jye, 2024. "Alliance portfolio configuration strategies as catalysts for innovation: Evidence from international alliances between Japanese and Taiwanese manufacturing corporations," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    2. Marcus Wagner & Wilfried Zidorn, 2017. "Effects of extent and diversity of alliancing on innovation: the moderating role of firm newness," Small Business Economics, Springer, vol. 49(4), pages 919-936, December.
    3. Gkypali, Areti & Filiou, Despoina & Tsekouras, Kostas, 2017. "R&D collaborations: Is diversity enhancing innovation performance?," Technological Forecasting and Social Change, Elsevier, vol. 118(C), pages 143-152.
    4. Jackie Krafft & Francesco Quatraro & Pier Saviotti, 2014. "Knowledge characteristics and the dynamics of technological alliances in pharmaceuticals: empirical evidence from Europe, US and Japan," Journal of Evolutionary Economics, Springer, vol. 24(3), pages 587-622, July.
    5. John Hagedoorn & Boris Lokshin & Stéphane Malo, 2018. "Alliances and the innovation performance of corporate and public research spin-off firms," Small Business Economics, Springer, vol. 50(4), pages 763-781, April.
    6. Hugo Ernesto Martínez Ardila & Julián Eduardo Mora Moreno & Jaime Alberto Camacho Pico, 2020. "Networks of collaborative alliances: the second order interfirm technological distance and innovation performance," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1255-1282, August.
    7. Hottenrott, Hanna & Lopes-Bento, Cindy, 2014. "R&D partnerships and innovation performance: Can there be too much of a good thing?," ZEW Discussion Papers 14-108, ZEW - Leibniz Centre for European Economic Research.
    8. Stav Rosenzweig, 2017. "The effects of diversified technology and country knowledge on the impact of technological innovation," The Journal of Technology Transfer, Springer, vol. 42(3), pages 564-584, June.
    9. Armin Anzenbacher & Marcus Wagner, 2020. "The role of exploration and exploitation for innovation success: effects of business models on organizational ambidexterity in the semiconductor industry," International Entrepreneurship and Management Journal, Springer, vol. 16(2), pages 571-594, June.
    10. Manel Antelo & David Peón, 2021. "The Size of Strategic Alliances and the Role Played by Managers," Journal of Industry, Competition and Trade, Springer, vol. 21(2), pages 287-313, June.
    11. Jamel Chouaibi, 2021. "Innovation and Financial Performance in Manufacturing Companies: an Empirical Study Tunisian," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1870-1890, December.

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