The Effect of General and Partner-Specific Alliance Experience on Joint R&D Project Performance
基于组织学习理论,研究通用联盟经验和特定伙伴经验对联合研发项目绩效的影响,发现生物技术公司的通用经验有正向但递减的作用,而特定伙伴经验有负向影响。
Drawing on the organizational learning literature, we posited that both general, diverse-partner experience and partner-specific experience contribute to alliance performance, but at a declining rate. We tested hypotheses in unique data on the objective performance of projects between large pharmaceutical firms and biotechnology partners. The general alliance experience of the biotechnology partners, but not of the pharmaceutical firms, positively affected joint project performance. This relationship exhibited diminishing marginal returns. Contrary to predictions, partner-specific experience had a negative, marginally significant effect on joint project performance.