Interpreneurial strategic behaviour and business performance
by Inaki Pena
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 10, No. 1, 2009

Abstract: During the 1990s, we have witnessed a proliferation of business networks formed by knowledge-intensive companies with the aim of developing modern technologies (i.e. optoelectronics, semiconductors, biotechnology, nanotechnology, etc.) and launching innovative products to the marketplace. We define interpreneurial networks as inter-firm cooperative agreements between two or more companies in order to develop path-breaking technologies, which in turn, are expected to produce marketable innovative products. Both alliance formation and innovation have been at the core of interpreneurial strategies. This study is an attempt to test the relationship between interpreneurial strategic behaviour and business performance in major biotechnology and life science US and European companies. Results suggest that firm intangible resources like industry experience and research skills acquired over time seem to be key assets for successful product innovation. Moreover, companies pursuing option-like interpreneurial strategies, that is, strategies that imply a slower pace for conducting successive inter-firm agreements and a lower alliance investment commitment, show a better financial performance.

Online publication date: Wed, 15-Apr-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Innovation Management (IJEIM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com