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The goal of this paper is to point out the role played by private equity investors (venture-capital companies and corporate investors) in the emergence of a new biotechnology industry in Germany in the second half of the 90?s. This analysis takes into account the different business models and...
Persistent link: https://www.econbiz.de/10005097518
The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been implemented to establish a flourish biotech industry in Germany. We assume that R&D policy...
Persistent link: https://www.econbiz.de/10005097735
counteracting innovation declines after M&As. This paper provides empirical evidence into the role of acquiring firms' absorptive …
Persistent link: https://www.econbiz.de/10008694122
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10005097616
knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an …
Persistent link: https://www.econbiz.de/10005097877
Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation …, research on absorptive capacities finds that previous innovation experience translates into superior ability to value, extract …
Persistent link: https://www.econbiz.de/10005098066