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Does My Partnership Need a Joint Steering Committee?
Reuer, Jeffrey J.; Devarakonda, Shivaram V.Article ART-3134-ECorporate Governance, Entrepreneurship, StrategyNon-equity alliances have become important vehicles to collaborate with external partners, particularly in the biopharmaceutical industry. To guide these collaborations effectively, partners are using contracts to custom-build jointly staffed managerial units with clearly demarcated decision-making responsibilities. In this article, the authors discuss their research on the conditions that most often favor setting up a steering committee. They su...Starting at €8.20