Portfolios of Interfirm Agreements in Technology-Intensive Markets: Consequences for Innovation and Profitability

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Abigail C


Date added:

July 1, 2016








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4 / 1008


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"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. Hypothesis 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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