Innovation, Alliances, and Networks in High-Tech by Fiorenza Belussi, Luigi Orsi

By Fiorenza Belussi, Luigi Orsi

Recent years have obvious a progress in strategic alliances, mergers and acquisitions and collaborative networks related to knowledge-intensive and hi-tech industries. despite the fact that, there were quite few reviews taking a look at this manner of collaboration as a method to force corporations’ leading edge performances. This publication in particular makes a speciality of the position of strategic alliances, M&A and innovation networks, offering insights on if and the way they give a contribution to boosting organizations’ innovation performances.

The ebook has a double objective. to begin with, it investigates at an point the position performed by way of the alliance, M&As and networks in high-tech environments equivalent to biotechnology, pharmaceutical, software program and nanotechnology in developing, reworking and reshaping the dynamics within and among industries. Secondly, it explores the effect on the company point of things equivalent to cognitive distance, administration features, and relational and social services, on companies’ international innovation capability, measured as innovation volume, innovation caliber and innovation novelty. The ebook can be of curiosity to students engaged on the economics of innovation, innovation administration experiences, strategic administration, local technological know-how and evolutionary economics, between different areas.

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Many UK small start-ups were created during the 1990s inside the numerous scientific parks created ad hoc, such as the famous Cambridge Science Park. Two major UK pharma are involved in biotech research: AstraZeneca (a biopharmaceutical company that was formed in 1999 through the merger of the Swedish firm, Astra, and the British firm, Zeneca) and GlaxoSmithKline (a group formed in the early 2000s following the merger of Glaxo and SmithKline Beecham that at the time began to move into the biotech industry).

5 In Switzerland we also find two important and large pharma (with about 90,000 employees each) that were very soon involved in biotech research: Hoffmann-La Roche and Novartis. The largest European de alio biotech is the Danish company, Novo Nordisk, which since its start has focused its research on biological issues and fermentation activities. This firm is continually expanding its activities and also its employment (from 21,000 in 2007 to 37,0006 in 2012). Novo Nordisk specializes in diabetes and haemophilia care, and growth and hormone replacement therapies.

Proximity and co-location ­support the creation of local networks, where a positive ‘Marshallian atmosphere’ facilitates the exploration of cutting-edge technology trajectories (Boschma and Frenken, 2010; Boschma, 2005; Frenken and Boschma, 2007). We also observed the emergence of truly co-located biotech dynamic economic areas, characterized both by dense, local social interaction and knowledge circulation and by strong interregional and international connections with outside knowledge sources and partners (Chiesa and Chiaroni, 2005).

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