Exploring correlates of product launch in collaborative ventures: an empirical investigation of pharmaceutical alliances

عنوان Exploring correlates of product launch in collaborative ventures: an empirical investigation of pharmaceutical alliances
نویسنده Talay, M. B., Seggie, Steven Head, Cavusgil, E.
تاریخ انتشار: 2009-07
محل انتشار - Wiley
موضوع Pharmaceutical alliances, Pharmaceutical industry
نوع دوره ای
زبان انگلیسی
دیجیتال بله
نسخه خطی خیر
کتابخانه: دانشگاه اوزیغین
شناسه دارایی کتابخانه 1540-5885
شماره ثبت 9bfd4238-9d67-447b-b712-28a5382bd291
محل کتابخانه Entrepreneurship
تاریخ 2009-07
متن نمونه This paper examines collaborative ventures leading toward the launch of new products in the pharmaceutical industry. These collaborative ventures are one of the most underresearched areas in the new product literature, yet the preponderance of these collaborative ventures makes it an area of great importance for scholars and practitioners alike. As such, the purpose of the study is to examine why some collaborative projects produce a favorable outcome (the launch of a product) whereas others do not. That is, what characteristics of partner firms in the collaborative ventures and what characteristics of the partnership lead to a successful launch of a new product in the pharmaceutical industry? Secondary data from the pharmaceutical industry are employed in a multinomial logit model. Data from 128 collaborative ventures from 1980 to 2004 are used in the analysis. The partner firms in the collaborative ventures are from various industries ranging from malt beverages to pharmaceutical preparations to electronic and other equipment among others. Of the 128 collaborative ventures, 66 were successful in leading to a new product launch, whereas 62 did not result in the launch of a new product. The results from the multinomial logit analysis suggest that combined marketing resources of parent companies, combined technological intensity of parent companies, and combined asset bases of parent companies contribute to the likelihood of an eventual product launch in a collaborative venture. However, the results of the analysis show that contrary to expectations, technological complementarity of partners in the collaborative venture is not a significant predictor of successful new product launch. The results of the study suggest certain aspects for managers to consider when establishing collaborative ventures. To maximize the possibilities of the collaborative venture leading to the successful launching of a new product, managers should be concerned with the resources potentially available to partners in the collaborative venture from parent firms. These resources are not only of a financial but also of a technological nature. The existence of these resources does not ensure provision of resources to the collaborative venture; however, without the possibility of these resources it appears that successful launch of a product is less likely.
DOI 10.1111/j.1540-5885.2009.00665.x
Cilt 26
مشاهده در منبع دانشگاه اوزیغین دانشگاه اوزیغین - موتور جستجوی نسخه های خطی عثمانی
دانشگاه اوزیغین - موتور جستجوی نسخه های خطی عثمانی دانشگاه اوزیغین

Exploring correlates of product launch in collaborative ventures: an empirical investigation of pharmaceutical alliances

نویسنده Talay, M. B., Seggie, Steven Head, Cavusgil, E.
تاریخ انتشار 2009-07
محل انتشار - Wiley
موضوع Pharmaceutical alliances, Pharmaceutical industry
نوع دوره ای
زبان انگلیسی
دیجیتال بله
نسخه خطی خیر
کتابخانه دانشگاه اوزیغین
شناسه دارایی کتابخانه 1540-5885
شماره ثبت 9bfd4238-9d67-447b-b712-28a5382bd291
محل کتابخانه Entrepreneurship
تاریخ 2009-07
متن نمونه This paper examines collaborative ventures leading toward the launch of new products in the pharmaceutical industry. These collaborative ventures are one of the most underresearched areas in the new product literature, yet the preponderance of these collaborative ventures makes it an area of great importance for scholars and practitioners alike. As such, the purpose of the study is to examine why some collaborative projects produce a favorable outcome (the launch of a product) whereas others do not. That is, what characteristics of partner firms in the collaborative ventures and what characteristics of the partnership lead to a successful launch of a new product in the pharmaceutical industry? Secondary data from the pharmaceutical industry are employed in a multinomial logit model. Data from 128 collaborative ventures from 1980 to 2004 are used in the analysis. The partner firms in the collaborative ventures are from various industries ranging from malt beverages to pharmaceutical preparations to electronic and other equipment among others. Of the 128 collaborative ventures, 66 were successful in leading to a new product launch, whereas 62 did not result in the launch of a new product. The results from the multinomial logit analysis suggest that combined marketing resources of parent companies, combined technological intensity of parent companies, and combined asset bases of parent companies contribute to the likelihood of an eventual product launch in a collaborative venture. However, the results of the analysis show that contrary to expectations, technological complementarity of partners in the collaborative venture is not a significant predictor of successful new product launch. The results of the study suggest certain aspects for managers to consider when establishing collaborative ventures. To maximize the possibilities of the collaborative venture leading to the successful launching of a new product, managers should be concerned with the resources potentially available to partners in the collaborative venture from parent firms. These resources are not only of a financial but also of a technological nature. The existence of these resources does not ensure provision of resources to the collaborative venture; however, without the possibility of these resources it appears that successful launch of a product is less likely.
DOI 10.1111/j.1540-5885.2009.00665.x
Cilt 26
دانشگاه اوزیغین - موتور جستجوی نسخه های خطی عثمانی
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