TY - JOUR
T1 - Firm Heterogeneity in Biotech
T2 - Absorptive Capacity, Strategies and Local-Regional Connections
AU - Bagchi-Sen, Sharmistha
AU - Lawton Smith, Helen
N1 - Publisher Copyright:
© 2013 Taylor & Francis.
PY - 2014
Y1 - 2014
N2 - Abstract: This paper focuses on the characteristics of biotech firms with various levels of research and development (R&D) activity. It is done by exploring the relationship between R&D intensity, alliances and the extent of regionalization of firms' activities using evidence from a survey of US-based biotechnology firms. We profile two firm prototypes: research-oriented firms and product-oriented firms, focusing on their characteristics, strategies and operations. These include activities devoted to exploration and exploitation through alliances with universities (more exploration) and with pharmaceutical companies (exploration and exploitation), and locational needs which facilitate both exploration and exploitation.
AB - Abstract: This paper focuses on the characteristics of biotech firms with various levels of research and development (R&D) activity. It is done by exploring the relationship between R&D intensity, alliances and the extent of regionalization of firms' activities using evidence from a survey of US-based biotechnology firms. We profile two firm prototypes: research-oriented firms and product-oriented firms, focusing on their characteristics, strategies and operations. These include activities devoted to exploration and exploitation through alliances with universities (more exploration) and with pharmaceutical companies (exploration and exploitation), and locational needs which facilitate both exploration and exploitation.
UR - http://www.scopus.com/inward/record.url?scp=84957940397&partnerID=8YFLogxK
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U2 - 10.1080/09654313.2013.801572
DO - 10.1080/09654313.2013.801572
M3 - Article
AN - SCOPUS:84957940397
SN - 0965-4313
VL - 22
SP - 1783
EP - 1801
JO - European Planning Studies
JF - European Planning Studies
IS - 9
ER -