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University–industry Collaboration and Firm Innovation: an Empirical Study of the Biopharmaceutical Industry by Mingyu Tian; Yiwei Su; Zhong Yang is a scholarly article available to read on EtoBox.

What is University–industry Collaboration and Firm Innovation: an Empirical Study of the Biopharmaceutical Industry about?

Existing research has shown that university-industry collaboration (UIC) helps a firm achieve superior innovation outcomes. However, little is known about how UIC affects firm innovation when considering interfirm alliances. In this paper, we examine the influence of UIC on firm innovation performance by considering the interfirm alliance network. Based on a panel of 285 biopharmaceutical firms across the world over a thirty-year period from 1985 to 2014, we find that UIC enhances firm innovation performance. More alliances with other firms hinder the positive effect of UIC on firm innovation, whereas technological diversity strengthens the influence of UIC. Theoretical and practical implications of the results are discussed.

Author

Mingyu Tian; Yiwei Su; Zhong Yang

Publisher

Springer Science and Business Media LLC

Published

2021

Language

EN