Technical Alliances as a Strategy to Create Knowledge: Analysis of Patterns Across Indian Pharmaceutical Firms
Journal Title: Journal of Business Thought - Year 2017, Vol 7, Issue
Abstract
It is widely acknowledged that knowledge creation is the major driver of firms’ growth and lies at the very heart of the competitive process. Technical alliances are increasingly adopted as astrategy to create knowledge creation and improve the performance of firms as firms often do notpossess all the knowledge required to innovate. It has brought to the fore, the need to mobilize notonly internal resources, but also external actors. This paper examines some relevant cases fromthe Indian Pharmaceutical sector, which enables us to compare different strategies adopted across firms and what drives the selection of strategies.
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