Portfolios of Interfirm Agreements in Technology-Intensive Markets: Consequences for Innovation and Profitability

Stefan Wuyts, Shantanu Dutta, Stefan Stremersch

Research output: Contribution to journalReview articlepeer-review

159 Scopus citations

Abstract

Despite the high relevance of firms' portfolios of upstream interfirm agreements in technology-intensive markets, little is known about their impact on innovative success. The authors develop a conceptual framework that explains the consequences of different portfolio descriptors for radical innovation, incremental innovation, and profitability. An empirical test in the pharmaceutical industry shows strong support for the developed theory.

Original languageEnglish (US)
Pages (from-to)88-100
Number of pages13
JournalJournal of Marketing
Volume68
Issue number2
DOIs
StatePublished - Apr 2004

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Marketing

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