The effect of uncertainty and asset co-specialization on governance in biotechnology alliances

Article Abstract:

The transaction cost economics [TCE] and real option [RO] rationales for alliance governance is explored to find their predictive power depending on the type of uncertainty confronted. It concludes that consistent to TCE, co-specialized assets along with partner and task increased likelihood of hierarchical governance whereas consistent with RO technological uncertainty decreased the likelihood of hierarchical governance.

United Kingdom, Legal issues & crime, Government regulation (cont), Management dynamics, Alliances, partnerships, Legal/Government Regulation, Analysis, Management, Laws, regulations and rules, Biotechnology industry, Biotechnology industries, Government regulation, Company business management, Alliances and partnerships, Uncertainty, Cost (Economics), Costs (Economics)

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Getting dumped

Article Abstract:

Industry insiders have provided some alternatives for the best practice when a product is returned or discontinued by a licensee.

United States, Biological Product (except Diagnostic) Manufacturing, Biological Products, Models, Licensing, certification and accreditation, Pharmaceutical research, Product discontinuation

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