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This paper analyzes the technology commercialization strategy of an innovating firm when the incumbent firms possess specialized commercialization capabilities. According to the predominant framework, if the innovation is protected by a strong appropriabilty regime the optimal strategy is to...
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biotechnology and pharmaceutical firms. Fifteen control rights are identified to make up the structure of deals with five rights …
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This paper addresses the evolution of biotechnology clusters in Germany between 1996 and 2003, paying particular … attention to their respective composition in terms of venture capital, basic science institutions and biotechnology firms …
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