Biotech–pharma alliances: Strategies, structures and financing

Quality signals? The role of patents, alliances, and team experience in venture capital financing

Observable resources, particularly patents, alliances, and team experience, are known to affect a startup’s ability to attract venture capital financing. In this context they potentially fulfill a twofold function: as productive assets and, likely, as signals of characteristics of a venture that are not observable at the time of assessment. In particular, patents, alliances, and team experience...

Financing strategies for nonprofit hospital systems.

Economics and new strategies for funding and financing

Introduction: Decision makers in care and support systems across Europe are increasingly facing up to new economic realities. Most obvious among the forces that are changing the economic context is the ageing of the population, and the associated realisation that today’s arrangements for supporting older people with health and social care needs will probably not be seen as affordable in 20 or 3...

World Bank’s financing, priorities, and lending structures for global health

• The World Bank is the largest funder of global health within the UN system and the second largest funder overall • We identify five major periods in the bank’s role in global health in terms of lending, cooperation, and knowledge • Despite the entrance of major new global health organisations the bank has remained relevant through innovative financing mechanisms, close long term relations wit...

When is Equity More than Just Financing? Evidence from Strategic Alliances

A strategic alliance is a hybrid organizational form that is between an arms length contract and a full-fledged merger between firms. In some alliances firms take a minority equity stake in the partner firm. We refer to these as equity alliances. Using data on 759 alliances, we examine the motivation for the use of equity in alliances. We study whether equity is intended to strengthen the contr...