regional systems of innovation; strategic alliances; open innovation
Abstract :
[en] New technology based firm (NTBF) survival and growth are connected
with strategic partnering alliances and open innovation within technology clusters.
Strategic partnerships in the biotechnology industry allow new technology based
firms to gain a foothold in this high-cost, high-risk industry.
In this article, we examine the impact of strategic partnerships and open innovation
on the success of new biotechnology firms in Belgium by developing multiple case
studies of firms in regional biotechnology clusters.
A longitudinal follow up of the Belgian biotech startup ecosystem is presented. We
find that, despite their small size and relative immaturity, new biotechnology firms
are able to adopt innovative business models by providing R&D and services to
larger firms and openly cooperating with them through open innovation.
Disciplines :
Strategy & innovation
Author, co-author :
Segers, Jean-Pierre ; Université de Liège - ULiège > HEC Liège : UER > UER Finance et Droit: Diagnostic et contrôle de l'entreprise
Language :
English
Title :
The interplay between new technology based firms, strategic alliances and open innovation, within a regional systems of innovation context.
