Incumbent's advantage through exploiting complementary assets via interfirm cooperation
نویسندگان
چکیده
منابع مشابه
Research Note Incumbent’s Advantage through Exploiting Complementary Assets via Interfirm Cooperation
I examine interfirm cooperation between incumbents and new entrants as a mechanism for incumbents to adapt to radical technological change through exploitation of complementary assets. The research setting is the biopharmaceutical industry, where I analyze 889 strategic alliances between 32 large pharmaceutical firms and providers of the new biotechnology. I find that incumbents that focus thei...
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We argue that incumbents may be in a position to adapt to radical technological change via interfirm cooperation with new entrants when the incumbents have complementary assets within their firm boundaries that are critical to commercializing the new technology. We study 889 strategic alliances of pharmaceutical companies with new biotechnology firms. We find that an incumbent’s alliances with ...
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ژورنال
عنوان ژورنال: Strategic Management Journal
سال: 2001
ISSN: 0143-2095,1097-0266
DOI: 10.1002/smj.180