Inter‐Firm R&D Networks: the Importance of Strategic Network Capabilities for High‐Tech Partnership Formation1

John Hagedoorn · Nadine Roijakkers · Hans van Kranenburg

166 citations0/0 files storedBritish Journal of Management

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Innovation and Knowledge Management Business Strategy and Innovation Biotechnology and Related Fields

Abstract

We examine the role of different network capabilities of companies that influence the formation of R&D partnerships in pharmaceutical biotechnology. Strategic network capabilities, specifically centrality‐based capabilities and the efficiency with which companies choose their partners, are found to facilitate the formation of new partnerships. Unlike general experience with partnering, these strategic network capabilities play a crucial role in enabling companies to continue to interact with other companies through partnerships in a complex network setting.

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