The paper investigates the impact of network strategies on innovation strategies carried out in 2011 by 44 top R&D spending bio-pharmaceutical companies. Gathering patent and accounting data, we built the business network of joint development activities making use of social network analysis (SNA). Our findings show that each network strategy is related to different innovation strategies, confirming that social network analysis is an effective instrument for explaining why firms enter into R&D agreements with partners and the linkage of such collaborations with the overall innovation strategy.
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Cammarano et al. (2016) studied this question.
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