haku: @author Arora, A. / yhteensä: 7
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| Tekijä: | Arora, A. Gambardella, A. |
| Otsikko: | Complementarity and external linkages: the strategies of the large firms in biotechnology. |
| Lehti: | Journal of Industrial Economics
1990 : JUN, VOL. 38:4, p. 361-379 |
| Asiasana: | BIO-TECHNOLOGY INDUSTRY TECHNOLOGICAL INNOVATION CO-OPERATION UNIVERSITIES LARGE BUSINESSES ECONOMETRIC MODELS |
| Kieli: | eng |
| Tiivistelmä: | In biotechnology, large firms enter into different kinds of linkages with universities and small/medium sized research-intensive firms. The hypothesis that the strategies of external linkage of the large firms with other parties are complementary to one another is tested. It is shown that if any two strategies are complementary (i.e. undertaking more of one strategy raises the marginal value of the other) then they are positively correlated. Using data for a sample large USA, European, and Japanese chemical and pharmaceutical producers it was found that the strategies above are positively correlated even after controlling for firm-specific characteristics. |
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