Quotation Crispeels, Thomas, Willems, Jurgen, Brugman, Paul. 2015. The relationship between organizational characteristics and membership of a biotechnology industry board-of-directors-network. Journal of Business & Industrial Marketing. 30 (3/4), 312-323.


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Abstract

The purpose of this study is to investigate the relationship between organizational characteristics and presence in a board-of-directors (BoD)-network, in the context of the biotechnology industry. Accessing and integrating external knowledge is key to an organization’s success within innovative industries. This can occur through inter-organizational networks such as the BoD-network. The authors apply a network analysis method (Robins and Alexander, 2004) and a logistic regression to a proprietary database of Belgian biotechnology organizations. The authors conclude that some organizational characteristics influence the presence of a biotechnology organization in the regional BoD-network. Academic spin-offs, start-ups and small companies are more likely to be part of the regional biotechnology BoD-network. The authors also observe that organizations involved in innovative activities are prominently present in the BoD-network. Interestingly, key actors like universities or academic hospitals are less present in the network. The authors show that studying full networks and heterogeneous groups of organization leads to a better understanding of the causal mechanisms and dynamics of inter-organizational networks. To better understand the network dynamics in a context as complex as the biotechnology industry, multiple networks need to be studied simultaneously. The findings in this study allow for the development of policies addressing knowledge transfer, diffusion of management and governance practices, and the initiation and management of collaborative projects through the BoD-network. The authors observe a self-reinforcing dependency between innovative activities and BoD-network membership. This implies that policies aimed at stimulating innovation should also aim at increasing the target organizations’ presence in the BoD-network. [...]

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  • networks
  • organizational characteristics
  • board-of-directors-network
  • biotechnology industry
  • Knowledge organizations

Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Journal of Business & Industrial Marketing
Citation Index SSCI
WU-Journal-Rating new MAR-C, STRAT-C
Language English
Title The relationship between organizational characteristics and membership of a biotechnology industry board-of-directors-network
Volume 30
Number 3/4
Year 2015
Page from 312
Page to 323
Reviewed? Y
URL https://www.researchgate.net/publication/273950196_The_relationship_between_organizational_characteristics_and_membership_of_a_biotechnology_industry_
DOI http://dx.doi.org/10.1108/JBIM-11-2012-0222
Open Access N

Associations

People
Willems, Jurgen (Details)
External
Brugman, Paul (Vrije Universiteit Brussel, Belgium)
Crispeels, Thomas (Vrije Universiteit Brussel, Belgium)
Research areas (ÖSTAT Classification 'Statistik Austria')
2943 Research and innovation management (Details)
5234 Administrative science (Details)
5308 Management sciences (Details)
5350 Innovation research (Details)
5936 Research and innovation management (Details)
6906 Public research (Details)
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