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    Firm heterogeneity in biotech: absorptive capacity, strategies, and local-regional connections

    Bagchi-Sen, S. and Lawton Smith, Helen (2014) Firm heterogeneity in biotech: absorptive capacity, strategies, and local-regional connections. European Planning Studies 22 (9), pp. 1783-1801. ISSN 0965-4313.

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    This paper focuses on the characteristics of biotech firms with various levels of research and development (R&D) activity. It is done by exploring the relationship between R&D intensity, alliances and the extent of regionalization of firms' activities using evidence from a survey of US-based biotechnology firms. We profile two firm prototypes: research-oriented firms and product-oriented firms, focusing on their characteristics, strategies and operations. These include activities devoted to exploration and exploitation through alliances with universities (more exploration) and with pharmaceutical companies (exploration and exploitation), and locational needs which facilitate both exploration and exploitation.


    Item Type: Article
    Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis, available online at the link above
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Research Centres and Institutes: Innovation Management Research, Birkbeck Centre for
    Depositing User: Sarah Hall
    Date Deposited: 29 Sep 2014 14:26
    Last Modified: 02 Aug 2023 17:12


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