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Experiential and Environmental Familiarity: Knowledge-Based Activities As Predictors of Academic Sponsored Contract Research
The popularity of sponsored contract research between university and biotechnology firms continues even though problems arise related to intellectual property issues and assessing R&D output. The current study proposes that a dedicated biotechnology firm’s familiarity with academic research may reduce the potential for partner malfeasance. In this study, familiarity reflects a firm’s previous university links and location-related factors. Data collected from 191 U.S. biotechnology firms reveals experiential familiarity positively influences a firm's participation in sponsor contract research and offer mixed support for the environmental familiarity hypotheses.