%0 Journal Article %J Technology Innovation Management Review %D 2013 %T Strategic Partnerships and Open Innovation in the Biotechnology Industry in Belgium %A Jean-Pierre Segers %K Belgium %K biotechnology %K business models %K Open innovation %K R&D %K strategic partnerships %X Strategic partnerships in the biotechnology industry allow new technology-based firms to gain a foothold in this high-cost, high-risk industry. In this article, we examine the impact of strategic partnerships and open innovation on the success of new biotechnology firms in Belgium by developing multiple case studies of firms in regional biotechnology clusters. We find that, despite their small size and relative immaturity, new biotechnology firms are able to adopt innovative business models by providing R&D and services to larger firms and openly cooperating with them through open innovation. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 23-28 %8 04/2013 %G eng %U http://timreview.ca/article/676 %N 4 %1 PXL University College Jean-Pierre Segers is Dean of the Business School at PXL University College in Hasselt, Belgium (http://www.pxl.be), and he is the Chairman and co-founder of Creative Inc. (http://creativeinc.be). He holds a Master's degree in Applied Economics and Public Affairs and is a former researcher in the Small Business Research Institute at the University of Brussels. His main research interests are small businesses and entrepreneurship; innovation and technology management; national and regional systems of innovation; and public-private partnerships. %R http://doi.org/10.22215/timreview/676