Strategic Alliances in Knowledge-Intensive Industries: An Integrated View

  • Yongliang Stanley Han College of Business Administration, California State University, Sacramento. Sacramento, California
  • Xiang Liu Jack H. Brown College of Business and Public Administration, California State University, San Bernardino. San Bernardino, CA


In this study, we examine strategic alliances between large pharmaceutical companies (LPCs) and new biotechnology firms (NBFs) in the knowledge-intensive biopharmaceutical industry in the light of two explanations for the motives behind R&D alliances, namely, the transaction cost explanation and the learning with flexibility explanation. We develop a series of propositions based on an integrated view of the motives behind strategic alliances in knowledge-based industries.


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How to Cite
HAN, Yongliang Stanley; LIU, Xiang. Strategic Alliances in Knowledge-Intensive Industries: An Integrated View. Journal of Accounting, Business and Management (JABM), [S.l.], v. 25, n. 2, p. 10-21, dec. 2018. ISSN 2622-2167. Available at: <>. Date accessed: 23 sep. 2019. doi:


strategic alliances, R&D, transaction cost economics, learning, biotechnology