File Download
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1007/s11747-010-0229-y
- Scopus: eid_2-s2.0-80052049070
- WOS: WOS:000294353600007
- Find via
Supplementary
- Citations:
- Appears in Collections:
Article: Global innovation generation and financial performance in business-to-business relationships: The case of cross-border alliances in the pharmaceutical industry
Title | Global innovation generation and financial performance in business-to-business relationships: The case of cross-border alliances in the pharmaceutical industry |
---|---|
Authors | |
Keywords | Business-to-business relationships Financial performance Global innovation generation Pharmaceutical industry Strategic alliances |
Issue Date | 2011 |
Publisher | Springer Netherlands |
Citation | Journal Of The Academy Of Marketing Science, 2011, v. 39 n. 5, p. 757-776 How to Cite? |
Abstract | The past few decades have witnessed a significant increase in the number of cross-border strategic alliances among firms. We focus on the role of alliance expertise (alliance experience and diversity of partners) and alliance governance (horizontal vs. vertical alliances and joint venture vs. other alliances) in global innovation generation. We also examine the effect of these variables on the financial performance of the focal firm. The conceptual model is tested using an empirical analysis of cross-border alliances formed by U. S. pharmaceutical companies from 1985 to 2008. We find that while prior alliance experience has a positive association with global innovation generation, diversity of partners has a negative relationship. In addition, whether the alliance is horizontal or vertical has no bearing on the innovation generation, but joint ventures are associated with more global innovation generation than other types of alliances. Finally, as global innovation generation increases, financial performance increases up to a point but thereafter exhibits a negative relationship. © 2010 The Author(s). |
Persistent Identifier | http://hdl.handle.net/10722/145100 |
ISSN | 2023 Impact Factor: 9.5 2023 SCImago Journal Rankings: 7.194 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Sivakumar, K | en_HK |
dc.contributor.author | Roy, S | en_HK |
dc.contributor.author | Zhu, J | en_HK |
dc.contributor.author | Hanvanich, S | en_HK |
dc.date.accessioned | 2012-02-21T05:44:45Z | - |
dc.date.available | 2012-02-21T05:44:45Z | - |
dc.date.issued | 2011 | en_HK |
dc.identifier.citation | Journal Of The Academy Of Marketing Science, 2011, v. 39 n. 5, p. 757-776 | en_HK |
dc.identifier.issn | 0092-0703 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/145100 | - |
dc.description.abstract | The past few decades have witnessed a significant increase in the number of cross-border strategic alliances among firms. We focus on the role of alliance expertise (alliance experience and diversity of partners) and alliance governance (horizontal vs. vertical alliances and joint venture vs. other alliances) in global innovation generation. We also examine the effect of these variables on the financial performance of the focal firm. The conceptual model is tested using an empirical analysis of cross-border alliances formed by U. S. pharmaceutical companies from 1985 to 2008. We find that while prior alliance experience has a positive association with global innovation generation, diversity of partners has a negative relationship. In addition, whether the alliance is horizontal or vertical has no bearing on the innovation generation, but joint ventures are associated with more global innovation generation than other types of alliances. Finally, as global innovation generation increases, financial performance increases up to a point but thereafter exhibits a negative relationship. © 2010 The Author(s). | en_HK |
dc.language | eng | en_US |
dc.publisher | Springer Netherlands | en_US |
dc.relation.ispartof | Journal of the Academy of Marketing Science | en_HK |
dc.rights | The Author(s) | en_US |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | en_US |
dc.subject | Business-to-business relationships | en_HK |
dc.subject | Financial performance | en_HK |
dc.subject | Global innovation generation | en_HK |
dc.subject | Pharmaceutical industry | en_HK |
dc.subject | Strategic alliances | en_HK |
dc.title | Global innovation generation and financial performance in business-to-business relationships: The case of cross-border alliances in the pharmaceutical industry | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://library.hku.hk:4551/resserv?sid=springerlink&genre=article&atitle=Global innovation generation and financial performance in business-to-business relationships: the case of cross-border alliances in the pharmaceutical industry&title=Journal of the Academy of Marketing Science&issn=00920703&date=2011-10-01&volume=39&issue=5& spage=757&authors=K. Sivakumar, Subroto Roy, JianJun Zhu, <i>et al.</i> | en_US |
dc.identifier.email | Zhu, J: johnzhu1@hku.hk | en_HK |
dc.identifier.authority | Zhu, J=rp01131 | en_HK |
dc.description.nature | published_or_final_version | en_US |
dc.identifier.doi | 10.1007/s11747-010-0229-y | en_HK |
dc.identifier.scopus | eid_2-s2.0-80052049070 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-80052049070&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 39 | en_HK |
dc.identifier.issue | 5 | en_HK |
dc.identifier.spage | 757 | en_HK |
dc.identifier.epage | 776 | en_HK |
dc.identifier.eissn | 1552-7824 | en_US |
dc.identifier.isi | WOS:000294353600007 | - |
dc.publisher.place | Netherlands | en_HK |
dc.description.other | Springer Open Choice, 21 Feb 2012 | en_US |
dc.identifier.scopusauthorid | Sivakumar, K=7102842713 | en_HK |
dc.identifier.scopusauthorid | Roy, S=7404586711 | en_HK |
dc.identifier.scopusauthorid | Zhu, J=55429679000 | en_HK |
dc.identifier.scopusauthorid | Hanvanich, S=6506902713 | en_HK |
dc.identifier.citeulike | 8180759 | - |
dc.identifier.issnl | 0092-0703 | - |