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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, 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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    Cited by:

    1. 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.
    2. Hagedoorn, John & Lokshin, Boris & Malo, St├ęphane, 2016. "Alliances and the innovation performance of corporate and public research spin-off firms," Research Memorandum 041, Maastricht University, Graduate School of Business and Economics (GSBE).
    3. repec:kap:sbusec:v:49:y:2017:i:4:d:10.1007_s11187-017-9873-7 is not listed on IDEAS
    4. 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.
    5. repec:kap:jtecht:v:42:y:2017:i:3:d:10.1007_s10961-016-9492-5 is not listed on IDEAS
    6. repec:kap:sbusec:v:50:y:2018:i:4:d:10.1007_s11187-017-9894-2 is not listed on IDEAS

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