Strategic Partnerships and Open Innovation in the Biotechnology Industry in Belgium
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 innovati... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2013 |
Reihe/Periodikum: | Technology Innovation Management Review, Iss April 2013: Open Innovation and Entrepreneurship, Pp 23-28 (2013) |
Verlag/Hrsg.: |
Carleton University
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Schlagwörter: | Belgium / biotechnology / business models / Open innovation / R&D / strategic partnerships / Technology (General) / T1-995 / Management. Industrial management / HD28-70 |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28971423 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://doaj.org/article/3235201ba4454518b05dd58ccd29a4ff |
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.