This paper focuses on factors influencing the choice of the governance form in inter-firm relationships (IFRs) between pharmaceutical and biotechnology companies. By reviewing the relevant literature on transaction cost economics, property right theory, real option and resources-based view, we located some drivers that might influence such relationships and we formulated a set of hypotheses linking them to governance forms. Such a theoretical framework has been empirically tested through a survey conducted among the Italian companies associated to Farmindustria. Empirical results provide some interesting insights on how shaping bio-pharmaceutical deals; we found that the developmental stage of the product/technology object of the agreement, the existence of previous collaborations between firms and the number of products marketed by the biotech company are able to influence the selection of a specific governance form

Billitteri, C., Lo Nigro, G., Perrone, G. (2013). Drivers influencing the governance of inter-firm relationships in the biopharmaceutical industry: an empirical survey in the Italian context. TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 25.

Drivers influencing the governance of inter-firm relationships in the biopharmaceutical industry: an empirical survey in the Italian context

BILLITTERI, Carolina;LO NIGRO, Giovanna;PERRONE, Giovanni
2013-01-01

Abstract

This paper focuses on factors influencing the choice of the governance form in inter-firm relationships (IFRs) between pharmaceutical and biotechnology companies. By reviewing the relevant literature on transaction cost economics, property right theory, real option and resources-based view, we located some drivers that might influence such relationships and we formulated a set of hypotheses linking them to governance forms. Such a theoretical framework has been empirically tested through a survey conducted among the Italian companies associated to Farmindustria. Empirical results provide some interesting insights on how shaping bio-pharmaceutical deals; we found that the developmental stage of the product/technology object of the agreement, the existence of previous collaborations between firms and the number of products marketed by the biotech company are able to influence the selection of a specific governance form
Settore ING-IND/35 - Ingegneria Economico-Gestionale
Billitteri, C., Lo Nigro, G., Perrone, G. (2013). Drivers influencing the governance of inter-firm relationships in the biopharmaceutical industry: an empirical survey in the Italian context. TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 25.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10447/75596
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