Title
Alliance Type, Alliance Experience and Alliance Management Capability in High-Technology Ventures
Department/School
Entrepreneurship
Date of this version
7-2006
Document Type
Article
Keywords
Strategic alliances; New product development; Alliance management capability; Dynamic capabilities; Biotechnology industry
Abstract
We investigate a high-technology venture's alliance management capability. Thus, we develop a model that links differential demands of alliance type and the benefits of alliance experience to an observable outcome from a firm's alliance management capability. We test our model on a sample of 2226 R&D alliances entered into by 325 global biotechnology firms. We find that alliance type and alliance experience moderate the relationship between a high-technology venture's R&D alliances and its new product development. These results provide empirical evidence for the existence of an alliance management capability and its heterogeneous distribution across firms.
Volume
21
Issue
4
Published in
Journal of Business Venturing
Citation/Other Information
Journal of Business Venturing, vol. 21, issue 4, pp. 429-460.