The impact of networking on innovative performance of new biotechnology firms: a combined econometric and scientometric analysis.

Abstract

This paper examines the impact of firm resources and network capabilities on innovative performance in a population of 117 biotech companies. After controlling for the traditional size and scope effects, the managerial focus of the firms' R&D activities and their collaboration activities with external partners (in majority universir-ties) become the central variables in ou study. A (unbalanced) panel nalysis of the firms over a twenty-year period shows the highly significant impact of research focus and networking activities on innovative performance.Biotechnology;