University–industry collaboration and firm innovation: an empirical study of the biopharmaceutical industry

Mingyu Tian, Yiwei Su () and Zhong Yang
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Mingyu Tian: Nanjing University
Yiwei Su: Nanjing University
Zhong Yang: Nanjing University

The Journal of Technology Transfer, 2022, vol. 47, issue 5, No 8, 1488-1505

Abstract: Abstract Existing research has shown that university–industry collaboration (UIC) helps a firm achieve superior innovation outcomes. However, little is known about how UIC affects firm innovation when considering interfirm alliances. In this paper, we examine the influence of UIC on firm innovation performance by considering the interfirm alliance network. Based on a panel of 285 biopharmaceutical firms across the world over a thirty-year period from 1985 to 2014, we find that UIC enhances firm innovation performance. More alliances with other firms hinder the positive effect of UIC on firm innovation, whereas technological diversity strengthens the influence of UIC. Theoretical and practical implications of the results are discussed.

Keywords: University–industry collaboration; Innovation performance; Strategic alliances; Alliance network; Interorganizational relationships (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s10961-021-09877-y

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