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Commercialization Strategies Of Young Biotechnology Firms: An Empirical Analysis Of The U.s. Industry

机译:年轻生物技术公司的商业化策略:对美国的实证分析行业

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We studied the commercialization strategies of young biotechnology companies in the United States building on previous studies by assuming that commercialization also includes intermediate forms like hierarchical or bilateral cooperation. Our hypotheses are derived from the Resource-Based View, Transaction Cost Economics, and Property Rights Theory. The results show that the propensity to integrate is related to the appropriabil-ity regime, direct capabilities, financial resources, and synergies between the products. Our results show that the Resource-Based View and Property Rights Theory contribute a great deal to explaining commercialization strategies, whereas Transaction Cost Economics explains less.
机译:我们在以前的研究基础上,通过研究商业化还包括中间形式(例如等级合作或双边合作)来研究了美国年轻生物技术公司的商业化策略。我们的假设来自基于资源的观点,交易成本经济学和产权理论。结果表明,整合的倾向与适当性制度,直接能力,财务资源以及产品之间的协同作用有关。我们的研究结果表明,基于资源的观点和产权理论对解释商业化策略做出了很大的贡献,而交易成本经济学的解释则较少。

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