strategic alliances; open innovation; biotechnology
Abstract :
[en] Strategic partnerships in the biotechnology industry allow new technology-based firms to
gain a foothold in this high-cost, high-risk industry. In this article, we examine the impact
of strategic partnerships and open innovation on the success of new biotechnology firms
in Belgium by developing multiple case studies of firms in regional biotechnology clusters.
We find that, despite their small size and relative immaturity, new biotechnology firms are
able to adopt innovative business models by providing R&D and services to larger firms
and openly cooperating with them through open innovation.
Disciplines :
Strategy & innovation
Author, co-author :
Segers, Jean Pierre ; Université de Liège - ULiège > Doct. sc. éco. & gest. (sc. gestion - paysage)
Language :
English
Title :
Strategic Partnerships and Open Innovation in the Biotechnology Industry in Belgium
