This book focuses on companies with technology development, offering inspiration, guidance, and hands-on advice on how to utilize the potential of a virtual company format to ensure that financial resources can be optimized in a way that provides cost-effective product development

Purpose: New technology based firm (NTBF) survival and growth are connected with strategic partnering alliances and open innovation within technology clusters. Strategic partnerships in the biotechnology industry allow new technology based firms to gain a foothold in this high-cost, high-risk...

A firm that lacks the specialized complementary assets necessary to commercialize an innovation faces a trade-off between contracting with an incumbent to access those assets and integrating downstream into commercialization. According to the framework developed in the prior literature, under a...