Innovation, Alliances, and Networks in High-Tech Environments

379 Pages·2015·3.374 MB·English

by  Fiorenza Belussi, Luigi Orsi

Innovation, Alliances, and Networks
in High-Tech Environments
Recent decades have been characterized by an increasing number of strategic
alliances, mergers and acquisitions and more general collaborative networks. This
phenomenon has primarily involved knowledge-intensive and high-tech indus-
tries where innovation is a key competitive weapon. This book focuses on the
role of these partnerships and provides new insights into how they contribute to
increasing innovation performance.
Despite their growing popularity, there are few contributions that examine
these collaborative strategies. Existing studies tend to investigate the impact of
alliances on financial performance, providing insight into the development and
deployment of alliances, or exploring the governance of strategic alliances and
mergers and acquisitions. This book fills this gap in existing literature by exam-
ining specific contributions of the absorptive capacity of firms, knowledge net-
works and spillovers.
This book will be of interest to graduate students and researchers interested
in Industrial Economics, Strategic Management and Management of Technology
and Innovation.
Fiorenza Belussi is full professor of strategy and innovation management at the
department of economics and management, University of Padua, Italy.
Luigi Orsi is a post doctoral fellow at the department of economics and manage-
ment, University of Padua, Italy.
Routledge Studies in Global Competition
Edited by John Cantwell,
Rutgers, The State University of New Jersey, USA
and
David Mowery
University of California, Berkeley, USA
For a complete list of titles in this series, please visit www.routledge.com
40 Governance and Innovation 47 Co-opetition Strategy
By Maria Brouwer By Giovanni Battista Dagnino
and Elena Rocco
41 Public Policy for Regional
Development 48 Knowledge Intensive
Edited by Jorge Martinez-Vazquez Entrepreneurship and
and François Vaillancourt Innovation Systems
Evidence from Europe
42 Evolutionary Economic Edited by Franco Malerba
Geography
Location of production and the 49 Innovation in Complex Social
European Union Systems
By Miroslav Jovanovic Edited by Petra Ahrweiler
43 Broadband Economics 50 Internationalization,
Lessons from Japan Technological Change and the
By Takanori Ida Theory of the Firm
Edited by Nicola De Liso and
44 Targeting Regional Economic Riccardo Leoncini
Development
Edited by Stephan J. Goetz, 51 Territory, Specialization and
Steven C. Deller and Globalization in European
Thomas R. Harris Manufacturing
By Helena Marques and
45 Innovation, Knowledge and Francisco Puig
Power in Organizations
By Theodora Asimakou 52 Institutional Diversity and
Innovation
46 Creativity, Innovation and the Continuing and emerging
Cultural Economy patterns in Japan and China
Edited by Andy C. Pratt and By Cornelia Storz and
Paul Jeffcutt Sebastian Schäfer
53 Innovation and Economic Crisis 61 Epistemic Economics and
By Daniele Archibugi and Andrea Organization
Filippetti Forms of rationality and
governance for a discovery
54 The Communications Industries oriented economy
in the Era of Convergence By Anna Grandori
By Catherine Mulligan
62 Universities, Cities and Regions
55 Innovation, Technology and Loci for knowledge and
Knowledge innovation creation
Edited by Charlie Karlsson, Borje Edited by Roberta Capello,
Johansson and Roger R. Stough Agnieszka Olechnicka and
Grzegorz Gorzelak
56 Evolution of Competition Laws
and their Enforcement 63 Strategies for Shaping
By Pradeep S. Mehta Territorial Competitiveness
Edited by Jesús M. Valdaliso and
57 The Economics of Structural James R. Wilson
Change in Knowledge
By Francesco Quatraro 64 The Economics of Knowledge,
Innovation and Systemic
58 Economic Geography and Technology Policy
the Unequal Development of Edited by Francesco Crespi and
Regions Francesco Quatraro
By Jean-Claude Prager and
Jacques-François Thisse 65 University Technology Transfer
The globalization of academic
59 Social Networks, Innovation innovation
and the Knowledge Economy Edited by Shiri Breznitz and
Edited by Isabel Salavisa and Henry Etzkowitz
Margarida Fontes
66 Innovation, Alliances, and
60 The Economics of Creativity Networks in High-Tech
Ideas, firms and markets Environments
Edited by Thierry Edited by Fiorenza Belussi and
Burger-Helmchen Luigi Orsi

Innovation, Alliances, and
Networks in High-Tech
Environments
Edited by
Fiorenza Belussi and Luigi Orsi
First published 2016
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
and by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
© 2016 selection and editorial material, Fiorenza Belussi and Luigi Orsi;
individual chapters, the contributors
The right of the editors to be identified as the authors of the editorial
material, and of the authors for their individual chapters, has been asserted
in accordance with sections 77 and 78 of the Copyright, Designs and Patents
Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or
utilized in any form or by any electronic, mechanical, or other means, now
known or hereafter invented, including photocopying and recording, or in any
information storage or retrieval system, without permission in writing from
the publishers.
Trademark notice: Product or corporate names may be trademarks or
registered trademarks, and are used only for identification and explanation
without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloguing in Publication Data
Innovation, alliances, and networks in high-tech environments / edited by
Fiorenza Belussi and Luigi Orsi.
pages cm
Includes bibliographical references and index.
1. High technology industries—Management. 2. Technological innovations.
3. Strategic alliances (Business) 4. Business networks. I. Belussi, Fiorenza,
editor. II. Orsi, Luigi, editor.
HD62.37.I535 2015
658—dc23
2015015079
ISBN: 978-1-138-84660-9 (hbk)
ISBN: 978-1-315-72735-6 (ebk)
Typeset in Times New Roman
by Swales & Willis Ltd, Exeter, Devon, UK
Contents
List of figures x
List of tables xiii
List of contributors xvi
Introduction 1
PART I
Alliances and networks 11
1 The emergence of the red biotech niche and its evanescent
dissolution into the integrated parallel ‘knowledge system’
of a new biopharmaceutical filière: an evolutionary
perspective 13
FIORENZA BELUSSI AND LUIGI ORSI
2 Innovation in US metropolitan areas: the role of
global connectivity 51
KRISTIN BRANDL, MARCELO CANO KOLLMANN, HONGRYOL CHA,
IZZET DARENDELI, T. J. HANNIGAN, AHREUM LEE, SEOJIN KIM,
VITTORIA GIADA SCALERA, ALESSANDRA PERRI, ROBERT D.
HAMILTON III AND RAM MUDAMBI
3 Competition and cooperation in entrepreneurial ecosystems:
a lifecycle analysis of a Canadian ICT ecosystem 65
ANNA MINÀ, GIOVANNI BATTISTA DAGNINO
AND SOUMAYA BEN LETAIFA
PART II
Alliances and innovation 83
4 Partnering strategies in biotech firms: a longitudinal perspective 85
DANIELA BAGLIERI, FIORENZA BELUSSI AND LUIGI ORSI
viii Contents
5 Management of the collaboration network of Italian
biotech firms: do firms experience a diminishing
return from alliances? 123
LUIGI ORSI AND FIORENZA BELUSSI
6 Which alliance partners become attractive targets for
acquisitions in biotech? Prior experience versus
relational capabilities 139
DANIELA BAGLIERI, FIORENZA BELUSSI AND LUIGI ORSI
7 Do acquisitions increase acquirers’ innovative performance
in the biopharma industry? An empirical investigation 168
MARIA FRANCESCA SAVARESE, FIORENZA BELUSSI, KRISTINA
RAKIC AND LUIGI ORSI
8 Post-M&A absorption-related invention capacity in the
biopharmaceutical industry 185
LUIGI ORSI, ANDREA GANZAROLI AND IVAN DE NONI
9 Are M&As driving exploitation or exploration? 211
FIORENZA BELUSSI, IVAN DE NONI, ANDREA GANZAROLI AND LUIGI ORSI
PART III
Alliances in high-tech environments 243
10 Pasteur scientists meet the market: an empirical
illustration of the innovative performance of
university–industry relationships 245
SILVIA RITA SEDITA, YASUNORI BABA AND NAOHIRO SHICHIJO
11 The relational models of the software industry in Italy
and Spain relative to Germany 264
FRANCESCA GAMBAROTTO, STEFANO SOLARI AND LUIGI ORSI
12 How alliances in biotech are shaping the national systems
of innovation in three European countries 285
MARIA FRANCESCA SAVARESE, STEFANIA MICHELAZZO,
FIORENZA BELUSSI AND KRISTINA RAKIC
PART IV
Case studies 299
13 Evolving through innovation and knowledge reutilization:
the case of L’Oréal 301
FIORENZA BELUSSI, SILVIA RITA SEDITA, ANDREA GANZAROLI AND LUIGI ORSI
Contents ix
14 The implementation of a new game strategy in biotech
form: from start-up to acquisition: the case of Fidia
Advanced Biopolymers (now Anika Therapeutics)
of Abano Terme 337
FIORENZA BELUSSI
Index 353