000 02000naa a2200205uu 4500
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008 090128s2009 xx ||||gr |0|| 0 eng d
100 1 _aDURAND, Rodolphe
_93117
245 1 0 _aDo Science and money go together? :
_bthe case of the french biotech industry
260 _aChichester, UK :
_bWiley-Blackwell,
_cDecember 2008
520 3 _aDeveloping technological applications, entering exploitation alliances, and choosing between research- or service-focused strategic orientations are decisions that high-tech firms must manage concurrently. This article explores systematically the contrasting effects of these strategic determinants on rent generation and rent appropriation using the entire population of French biotech firms (1994-2002). Findings indicate that science and money do not unconditionally go together-the direct relationship between rent-accruing resources (e.g., patents or articles) and rent appropriation varies depending on the type of resources and the strategic orientation. Moreover, the effects of strategic determinants differ for rent generation vs. rent appropriation: 1) technological application diversity undermines a firm's capacity to appropriate rents-in particular for research-oriented firms; 2) exploitation alliances favor rent generation but hinder rent appropriation; 3) service-oriented firms exhibit significantly better performance than research-oriented firms. Such evidence challenges the emergence in the biotechnology industry of a one-best strategic trajectory, as represented by research-intensive start-ups funded by private money engaged in publishing and patenting races
700 1 _aBRUYAKA, Olga
_936102
700 1 _aMANGEMATIN, Vincent
_936103
773 0 8 _tStrategic management journal
_g29, 12, p. 1281-1299
_dChichester, UK : Wiley-Blackwell, December 2008
_xISSN 01432095
_w
942 _cS
998 _a20090128
_b1736^b
_cTiago
998 _a20090128
_b1809^b
_cTiago
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c28127
_d28127
041 _aeng