Strategic organization of emerging collaborative partnerships: Evidence from drug discovery

• Main Authors: Yun SU, HUANG, Kenneth Guang-Lih
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2015
• Subjects: biomedical breakthroughs; collaborative partnership; emerging organisational forms; Strategic Management Policy; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4963
• Institution: Singapore Management University

Based on field observation and interviews, we identify four archetypes of collaborative partnerships between public and private organizations in science-based industries (i.e., bio-pharmaceuticals and biotechnology). The four archetypes are transactional, hierarchical, targeted philanthropy communities, and hybrid partnerships. The first two types emphasize transacting patents while the latter two types emphasize proof-of-concepts. We develop a conceptual framework, in terms of governance of intellectual property, coordination of collaborative work, and tolerance of risks for product failure, to postulate the productivity of breakthrough products and sustainability among these four archetypes. We contribute to strategic management and organization of these emerging (and experimental) partnerships as well as to better understanding their internal collaborative efforts.