Strategic Alliances in Knowledge-Intensive Industries: An Integrated View

  • Yongliang Stanley Han College of Business Administration, California State University, Sacramento. Sacramento, California
  • Xiang Liu Jack H. Brown College of Business and Public Administration, California State University, San Bernardino. San Bernardino, CA

Abstract

In this study, we examine strategic alliances between large pharmaceutical companies (LPCs) and new biotechnology firms (NBFs) in the knowledge-intensive biopharmaceutical industry in the light of two explanations for the motives behind R&D alliances, namely, the transaction cost explanation and the learning with flexibility explanation. We develop a series of propositions based on an integrated view of the motives behind strategic alliances in knowledge-based industries.

Published
2018-12-14
How to Cite
HAN, Yongliang Stanley; LIU, Xiang. Strategic Alliances in Knowledge-Intensive Industries: An Integrated View. JABM JOURNAL of ACCOUNTING - BUSINESS & MANAGEMENT, [S.l.], v. 25, n. 2, p. 10-21, dec. 2018. ISSN 2622-2167. Available at: <http://jabm.stie-mce.ac.id/index.php/jabminternational/article/view/353>. Date accessed: 22 jan. 2019. doi: https://doi.org/10.31966/jabminternational.v25i2.353.
Section
Articles

Keywords

strategic alliances, R&D, transaction cost economics, learning, biotechnology