Authors: J.L. Woolley
Affilation: Santa Clara University, United States
Pages: 1068 - 1070
Keywords: partnerships, new ventures, growth, decision making, learning
Business executives are often faced with the decision of whether to optimize the firm’s performance by partnering with another company or exploring growth alone. Although nanotechnology firms are no exception, the high level of tacit knowledge requisite in these ventures presents complicated decision factors that must be considered. This study discusses the traditional decision factors inherent in partnering decisions as well as factors specifically important to nanotechnology firm executives such as accelerated learning, knowledge sharing, intellectual property protection, and leveraged growth opportunities.