Why Research Partnerships Fail in the Biotechnology Sector-An Empirical Analysis of Strategic Partnerships

Kehrel, U; Klischan, K; Sick, N

Why Research Partnerships Fail in the Biotechnology Sector-An Empirical Analysis of Strategic Partnerships

Kehrel, U Klischan, K Sick, N

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Publisher:: World Scientific Pub Co Pte Lt
Publication Type:: Journal Article
Citation:: International Journal of Innovation and Technology Management, 2016, 13, (1), pp. 1650003
Issue Date:: 2016-02-01

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Field	Value	Language
dc.contributor.author	Kehrel, U
dc.contributor.author	Klischan, K
dc.contributor.author	Sick, N https://orcid.org/0000-0002-0713-6918
dc.date.accessioned	2022-07-13T23:19:51Z
dc.date.available	2022-07-13T23:19:51Z
dc.date.issued	2016-02-01
dc.identifier.citation	International Journal of Innovation and Technology Management, 2016, 13, (1), pp. 1650003
dc.identifier.issn	0219-8770
dc.identifier.issn	1793-6950
dc.identifier.uri	http://hdl.handle.net/10453/158867
dc.description.abstract	Over half of all research-oriented partnerships in the biotechnology industry fail due to problems in inter-organizational relationships. The analysis of factors that determine the success of strategic partnerships can help companies to reduce the high failure rates. Based on the resource-oriented and relationship-oriented approach, this study examines the influence of three structural factors and three dynamic factors on the success of strategic, research-oriented partnerships in the biotechnology industry. In the empirical study, data of 48 research collaborations by 28 companies were collected and analyzed. The results confirm the significant influence of the factors "complementary resources", "operational compatibility", "bilateral exchange of information" and "opportunistic behavior". On the basis of these findings, companies can find approaches to influence the success of their own research collaborations. In particular, appropriate recommendations for action can be formulated in the areas of the structural design of partnerships and the dynamic exchange process.
dc.language	en
dc.publisher	World Scientific Pub Co Pte Lt
dc.relation.ispartof	International Journal of Innovation and Technology Management
dc.relation.isbasedon	10.1142/S0219877016500036
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	0805 Distributed Computing, 0899 Other Information and Computing Sciences, 1503 Business and Management
dc.title	Why Research Partnerships Fail in the Biotechnology Sector-An Empirical Analysis of Strategic Partnerships
dc.type	Journal Article
utslib.citation.volume	13
utslib.for	0805 Distributed Computing
utslib.for	0899 Other Information and Computing Sciences
utslib.for	1503 Business and Management
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Mechanical and Mechatronic Engineering
utslib.copyright.status	closed_access	*
dc.date.updated	2022-07-13T23:19:50Z
pubs.issue	1
pubs.publication-status	Published
pubs.volume	13
utslib.citation.issue	1

Abstract:

Over half of all research-oriented partnerships in the biotechnology industry fail due to problems in inter-organizational relationships. The analysis of factors that determine the success of strategic partnerships can help companies to reduce the high failure rates. Based on the resource-oriented and relationship-oriented approach, this study examines the influence of three structural factors and three dynamic factors on the success of strategic, research-oriented partnerships in the biotechnology industry. In the empirical study, data of 48 research collaborations by 28 companies were collected and analyzed. The results confirm the significant influence of the factors "complementary resources", "operational compatibility", "bilateral exchange of information" and "opportunistic behavior". On the basis of these findings, companies can find approaches to influence the success of their own research collaborations. In particular, appropriate recommendations for action can be formulated in the areas of the structural design of partnerships and the dynamic exchange process.

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http://hdl.handle.net/10453/158867