TY - CHAP
T1 - The Contractual Structure and Innovative Effects of Pharmaceutical-Biotechnology R&D Collaborations
AU - Hansen, Zeynep Kocabiyik
PY - 2003
Y1 - 2003
N2 - This study investigates the conditions that shape the contractual structure of pharmaceutical-biotechnology R&D agreements and whether these collaborations have produced measurable impact on the overall R&D productivity of pharmaceutical companies. In one section, the effect of uncertainty due to the advances in technology on the structure of R&D contracts is discussed. Specifically, it is shown that newer technologies associated with higher uncertainty result in the choice of more hierarchical contract structures. In addition, the significance of R&D collaborations on the overall innovation process of pharmaceutical companies is evaluated. The results indicate that only some types of R&D alliances, signed in earlier stages of research, have a significant role in the patent production and drug discovery process.
AB - This study investigates the conditions that shape the contractual structure of pharmaceutical-biotechnology R&D agreements and whether these collaborations have produced measurable impact on the overall R&D productivity of pharmaceutical companies. In one section, the effect of uncertainty due to the advances in technology on the structure of R&D contracts is discussed. Specifically, it is shown that newer technologies associated with higher uncertainty result in the choice of more hierarchical contract structures. In addition, the significance of R&D collaborations on the overall innovation process of pharmaceutical companies is evaluated. The results indicate that only some types of R&D alliances, signed in earlier stages of research, have a significant role in the patent production and drug discovery process.
UR - http://www.scopus.com/inward/record.url?scp=36148989873&partnerID=8YFLogxK
U2 - 10.1016/S1048-4736(02)14001-X
DO - 10.1016/S1048-4736(02)14001-X
M3 - Chapter
SN - 0762310022
SN - 9780762310029
T3 - Advances in the Study of Entrepreneurship, Innovation, and Economic Growth
SP - 1
EP - 19
BT - Issues in Entrepeneurship
ER -