资源描述：
《reach out or reach within performance implications of alliances and location in biotechnology》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。
1、MANAGERIALANDDECISIONECONOMICSManage.Decis.Econ.25:437–452(2004)PublishedonlineinWileyInterScience(www.interscience.wiley.com).DOI:10.1002/mde.1200ReachOutorReachWithin?PerformanceImplicationsofAlliancesandLocationinBiotechnologya,y,#b,,#AkbarZaheerandVargheseP.George*aStrate
2、gicManagementandOrganizationDepartment,CarlsonSchoolofManagement,UniversityofMinnesota,32119thAveSouth,Minneapolis,MN55455,USAbOrganizationManagementDepartment,RutgersBusinessSchool,Rutgers,TheStateUniversityofNewJersey,111WashingtonStreet,MEC-324,Newark,NJ07102-3027,USATheex
3、tensiveliteratureongeographicalclustershasarguedthatfirmsstandtogainfromtheknowledgespilloversandtheeasyavailabilityofskillsinregionalagglomerations.Atthesametime,theresearchonstrategicalliances,particularlyintechnology-intensiveindustries,viewsalliancesasvehiclesforthetransfe
4、roftechnologyandknowledge.Doesmembershipinageographicalclusteroranetworkofalliances}analliancecluster}benefitfirmsequally?Moreimportantly,doesitmatterwhetherfirmsformallianceswithfirmswithintheirgeographicalcluster,ordotheydobetterbyreachingoutbeyondtheircluster?Inthispaper,weinv
5、estigatetheseandotherrelatedquestionsinthecontextoftechnology-intensiveindustriessuchasbiotechnologyandarguethatthehigh-levelknowledgesensingandacquiringneedsoffirmsinsuchindustriesmayrequirecombinationsofbothkindsofknowledge-accessmechanisms.WeusetheBioScandatabasetoobtain648
6、alliancesfortheperiod1985–1998among248publiccompanies,andcomplementitwithCOMPUSTATdatatoexaminetheeffectofclusteringandalliancesonmarketvalue.Ourresultssuggestthatmerelybeingpartofgeographicalclustersisnotenough,andnorisitadequateforfirmstojoinallianceclusters.Rather,firmsgainby
7、formingalliancesbothwithinandbeyondtheirgeographicalclusters,whichhighlightsthecomplexitiesofacquiringtechnology-intensiveknowledgeandsuggeststhattheacquisitionofknowledgeintechnology-intensivesettingsisbestachievedthroughmechanismsbothformalandinformal,bothproximateanddistan
8、t.Copyright#2004JohnWiley&Sons,Ltd.INTRODUCTIONforthebenefitsofgeogra
