Since 2014
Exploration-Exploitation Motivations: An Investigation of Biotechnology Firms’ Participation in Academic Consulting
Advances in Business Research
View Archive Info| Field | Value | |
| Title |
Exploration-Exploitation Motivations: An Investigation of Biotechnology Firms’ Participation in Academic Consulting
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| Creator |
Kirkman, Dorothy; University of Houston - Clear Lake
Phillips, T. Nichole; Virginia Tech |
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| Subject |
Entrepreneurship; Management;
Exploration-exploitation framework; |
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| Description |
We employ the exploration-exploitation framework to examine how firm-level motivations influence a biotechnology firm’s participation in consulting agreements with university scientists. This study presents hypotheses that explore whether biotechnology firms use consulting agreements as vehicles to explore new knowledge to develop their absorptive capacity and initiate a relationship with a scientist’s university or to exploit their entrepreneurial orientation or formal technology transfer experience. Assessing survey data collected from biotechnology firms, our analysis revealed significant and positive associations for exploration motives; however, the findings were mixed for exploitation motives. The discussion offers theoretical and managerial implications and future research areas.
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| Publisher |
Tarleton State University and the University of Arkansas - Fort Smith
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| Contributor |
—
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| Date |
2011-12-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Articles Survey/Interview; |
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| Format |
application/pdf
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| Identifier |
http://journals.sfu.ca/abr/index.php/abr/article/view/53
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| Source |
Advances in Business Research; Vol 2, No 1 (2011); 86-103
2641-5208 2153-6511 |
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| Language |
eng
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| Relation |
http://journals.sfu.ca/abr/index.php/abr/article/view/53/35
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| Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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