Interfirm cooperation and startup innovation in the biotechnology industry

Weijan Shan, Gordon Walker and Bruce Kogut

Strategic Management Journal, 1994, vol. 15, issue 5, 387-394

Abstract: This paper examines the association between interfirm cooperation and the innovation output of startup firms in the biotechnology industry. A reciprocal association is hypothesized. The results, however, show only that cooperation affects innovation. Several control variables are related to cooperation and innovation, especially the startup's position in the cooperative network.

Date: 1994
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