Using equity participation to support exchange: Evidence from the biotechnology industry

GP Pisano - The Journal of Law, Economics, and Organization, 1989 - academic.oup.com
In many industries, interfirm arrangements play an important role in the development,
commercialization, and diffusion of technical know-how. These arrangements can involve …

Inter-organizational collaboration in the biotechnology industry

WW Powell - Journal of Institutional and Theoretical Economics …, 1996 - JSTOR
This paper examines the key factors that promote inter-organizational collaboration in the
biotechnology industry, a field where research breakthroughs are so broadly distributed that …

Institutional environment and the mechanisms of governance: The impact of intellectual property protection on the structure of inter-firm alliances

JE Oxley - Journal of Economic Behavior & Organization, 1999 - Elsevier
This study builds on developments in transaction cost economics to examine how
institutional environment and transaction (project) characteristics affect governance of inter …

Does familiarity breed trust? The implications of repeated ties for contractual choice in alliances

R Gulati - Academy of management journal, 1995 - journals.aom.org
Exploring the factors that explain the choice of governance structures in interfirm alliances,
this study challenges the use of a singular emphasis on transaction costs. Such an approach …

Network effects in the governance of strategic alliances

DT Robinson, TE Stuart - The Journal of Law, Economics, & …, 2007 - academic.oup.com
We argue that the stock of prior alliances between participants in the biotechnology sector
forms a network that serves as a governance mechanism in interfirm transactions. To test …

Financial contracting in biotech strategic alliances

DT Robinson, TE Stuart - The Journal of Law and …, 2007 - journals.uchicago.edu
We analyze 125 strategic alliance contracts, all of which concern early-stage research at
small biotechnology research and development companies. Staged investment is …

Contract law and the governance of inter‐firm technology partnerships–An analysis of different modes of partnering and their contractual implications

J Hagedoorn, G Hesen - Journal of Management Studies, 2007 - Wiley Online Library
abstract This paper studies some major legal implications of inter‐firm technology partnering
through equity joint ventures, non‐equity partnerships, and licensing contracts. These …

Contracting for innovation: vertical disintegration and interfirm collaboration

RJ Gilson, CF Sabel, RE Scott - Colum. L. Rev., 2009 - HeinOnline
Rapidly innovating industries are not behaving the way theory expects. Conventional
industrial organization theory predicts that when parties in a supply chain have to make …

Organizational modes of inter-firm co-operation and technology transfer

J Hagedoorn - Technovation, 1990 - Elsevier
In economic analyses co-operative agreements are occasionally discussed with reference to
their dissimilarity in organizational and economic 'solidity'and the impact of separate modes …

Alliance structure and the scope of knowledge transfer: Evidence from US-Japan agreements

J Oxley, T Wada - Management science, 2009 - pubsonline.informs.org
Prior research suggests that equity joint ventures (JVs) are particularly effective vehicles for
accessing complex technology. Different schools of thought have emphasized different …