Technology sourcing – how biotechnology cooperation works
by Stefan E.K. Picker, Jens Leker
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 10, No. 3/4, 2009

Abstract: Using the resource-based view as theoretical background, the authors analyse the technology sourcing process of 77 cooperation projects in biotechnology. Trust and communication are found to be the most important factors in biotech cooperation. Interestingly, trust is significantly more important for European firms than for US companies. This indicates that the technology sourcing process in these countries is different. The authors also found that cooperation with universities does result in a similarly high rate of new products (of above 60%) than alliances with other firms. Furthermore, when cooperating with universities, the companies do not deem biotechnology to yield a great competitive advantage. Thus, the authors assume that the technology sourcing process is not as important for the generation of resources than the absorptive capacity.

Online publication date: Sat, 23-May-2009

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