Technology Based Firms, Strategic Alliances and Open Innovation

By • on September 1, 2015

An article in the Journal of Global Entrepreneurship Research examines the impact of strategic partnerships and open innovation  on the success of new biotechnology firms by developing multiple case studies of firms in regional biotechnology clusters. The study finds 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.

Click here to read the full article.

Image via Flickr.

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