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The Dynamics of Research Alliances: Examining the Effect of Alliance Experience and Partner Characteristics on the Speed of Alliance Entry in the Biotech Industry

机译:研究联盟的动力:研究联盟经验和合作伙伴特征对生物技术行业联盟进入速度的影响

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摘要

Few studies have moved beyond the dyadic level of an ongoing alliance and examined factors contributing to the success of entering a series of alliances. In this paper we expect biotechnology firms over time to learn from their alliance experience and to develop general alliance capabilities. Specifically, we expect the speed with which they enter into new research alliances, e.g. their alliance formation rate, to be affected by capabilities built up in prior alliances as well as by characteristics of their partners. We use longitudinal event history data for the complete population of US biotechnology firms for 1973-1999 to test four hypotheses about factors affecting the rate of new alliance formation. Our analysis suggests that the speed of entering research alliances is affected by prior experience of the focal firm, but not by partner characteristics. Our findings provide evidence that biotech firms learn how to learn more effectively from multiple research alliances; however, this effect is generalized and not tied to specific characteristics of the alliance partner.
机译:很少有研究超越正在进行的联盟的二元层次,并研究了促成成功进入一系列联盟的因素。在本文中,我们希望生物技术公司能够随着时间的推移从他们的联盟经验中学习并发展一般的联盟能力。具体来说,我们希望他们能迅速加入新的研究联盟,例如他们的联盟形成率受先前联盟中建立的能力以及合作伙伴特征的影响。我们使用纵向事件历史数据收集了1973-1999年美国生物技术公司的全部人口,以检验关于影响新联盟形成速度的因素的四个假设。我们的分析表明,进入研究联盟的速度受焦点公司先前经验的影响,但不受合作伙伴特征的影响。我们的发现提供了证据,表明生物技术公司可以从多个研究联盟中学习如何更有效地学习。但是,这种影响是广义的,并不与联盟伙伴的特定特征有关。

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