Portfolios of Interfirm Agreements in Technology-Intensive Markets: Consequences for Innovation and Profitability
Essay specific features
July 1, 2016
No of pages / words:
4 / 1008
Rating of current essay:
"However, most research has concentrated on interfirm agreements in isolation, with special attention to dyadic information transfer and coordination and relation embeddedness" (p. 88). This research is a test of the pharmaceutical industry; it provides support for a development theory but yields unexpected insights...
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It asks if research and development affect firms' portfolios, if the advances enhance profitability, and if innovations affect profitability.
H1: Greater Technological diversity of a firm's portfolio of interfirm research and development agreements enhances the firm's (a) radical innovation and (b) incremental innovations
H2: Higher levels of repeated partnering of a firm's portfolio of interfirm research and development agreements enhance the firm's (a) radical innovation and (b) incremental innovation...
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