Entrepreneurship in Biotechnology

Alliances in Biotechnology Organization

To gain the knowledge in biotechnology industry, various firms enroll into strategic alliances like Powell et al (1996) made a network approach to organizational learning about regional level that binds to the research and development alliances. The relationships of strategic alliances indulges the network positions, growth rate and inter-firm collaborative enterprises.

Where as alliances are formed between human resources and industries which plays an important role in alliance development protocol. For better experience or knowledge about the alliances, Rothearmal and deeds (2004) link the Exploitation and exploration terms together in case of organizational learning to biotechnology ventures