ALLIANCE SCOPE AND FIRM PERFORMANCE IN THE BIOTECHNOLOGY INDUSTRY
Peter Smith (),
Lisa Callagher () and
Xinlei Huang ()
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Peter Smith: The University of Auckland, 12 Grafton Road, Auckland, New Zealand
Lisa Callagher: The University of Auckland, 12 Grafton Road, Auckland, New Zealand
Xinlei Huang: The University of Auckland, 12 Grafton Road, Auckland, New Zealand
International Journal of Innovation Management (ijim), 2014, vol. 18, issue 03, 1-16
Abstract:
We test the relationship between alliance scope and firm performance in the context of the biotechnology industry by means of a meta-analysis. Meta-analysis is a statistical technique that allows a systematic review of the existing research that is more rigorously systematic compared to conventional narrative reviews as it uses statistics to capture the strength of relationships. The analysis confirms that a relationship between alliance scope and firm performance does exist. Furthermore, results suggest that there is a statistically significant difference in firm performance between exploitation alliances and exploration alliances, confirming recent studies in the innovation and R&D management literature. Managerial implications and future research suggestions are provided.
Keywords: Alliances; biotechnology; firm performance; alliance performance; meta-analysis (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:18:y:2014:i:03:n:s1363919614400088
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DOI: 10.1142/S1363919614400088
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