Planning for Risk or Planning for Performance? Managing Resource Requirements and Coordination Concerns in Technology Alliance Agreements


Marco Furlotti
  • Speaker
SDA Bocconi School of Management, Bocconi University

Event Information

Type
Research Seminar
Programme
Entrepreneurship & Innovation (- 2009)
Date
Fri. 19 Oct. 2007
Contact
Time
12:00-13:00 hours
E-mail
Location
Mandeville Building T10-67
Number


Abstract

The choice of efficient contractual form is often framed as the selection of a degree of hierarchical intensity suitably matching the level of contractual hazards. We posit that technology collaboration contracts are also responsive to the configuration of resources and to coordination concerns and that contractual solutions may be multidimensional and differ ‘in kind’. A sample of joint R&D biotechnology agreements provides broad support for propositions concerning the antecedents. Moreover, we find that the way certain contracts are chosen in response to various contingencies, challenges the idea that they can be usefully characterized as ‘intermediate’ between polar forms of governance.
 
Contact information:
Dr.ir. J.C.M. van den Ende
Email
Jan van den Ende
Professor of Management of Technology and Innovation
  • Coordinator