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- catalog abstract "Although the resource-based view has been written about extensively, the process by which firm assets are accumulated has not been explored in detail. That is, we know little about the micro-level mechanisms by which assets are built, nor do we have sufficient empirical evidence why some assets are more difficult to trade, imitate or substitute. In this paper, we attempt to provide a better understanding of asset accumulation via an empirical research program in pharmaceutical drug discovery. Using a combination of field research, discovery data from nine pharmaceutical firms and data on 218 technology alliances, three causes affecting asset accumulation are identified and described. We propose that the complex interactions of these factors can give rise to imperfections in factor markets. Finally, implications for further research are discussed as well.".
- catalog contributor b12215658.
- catalog contributor b12215659.
- catalog contributor b12215660.
- catalog created "2001.".
- catalog date "2001".
- catalog date "2001.".
- catalog dateCopyrighted "2001.".
- catalog description "Although the resource-based view has been written about extensively, the process by which firm assets are accumulated has not been explored in detail. That is, we know little about the micro-level mechanisms by which assets are built, nor do we have sufficient empirical evidence why some assets are more difficult to trade, imitate or substitute. In this paper, we attempt to provide a better understanding of asset accumulation via an empirical research program in pharmaceutical drug discovery. Using a combination of field research, discovery data from nine pharmaceutical firms and data on 218 technology alliances, three causes affecting asset accumulation are identified and described. We propose that the complex interactions of these factors can give rise to imperfections in factor markets. Finally, implications for further research are discussed as well.".
- catalog description "Includes bibliographical references (p. 31-34).".
- catalog extent "42 p. :".
- catalog isPartOf "Working paper (Harvard Business School. Division of Research) ; 00-086.".
- catalog isPartOf "Working paper / Division of Research, Harvard Business School ; 00-086".
- catalog issued "2001".
- catalog issued "2001.".
- catalog language "eng".
- catalog publisher "[Boston] : Division of Research, Harvard Business School,".
- catalog title "Asset accumulation, interdependence and technological change : evidence from pharmaceutical drug discovery / Stefan Thomke, Walter Kuemmerle.".
- catalog type "text".