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Commercialization Strategies of Entrepreneurial High Technology Firms: An Empirical Analysis of the U.S. Biotechnology Industry

Kasch, Silja ; Dowling, Michael


We studied the commercialization strategies of young biotechnology companies in the United States building on previous studies by assuming that commercialization also includes intermediate forms like hierarchical or bilateral cooperation. Our hypotheses are derived from the Resource-Based View, Transaction Cost Economics, and Property Rights Theory. The results show that the propensity to ...


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