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This book offers a new look at the economic forces through network economies that are behind the formation of strategic alliances in globally operating biotech-pharma industries.This book presents an application of network economics to the formation of alliances in the global biotech-pharma industry. The economic framework analysis provides insights under which firms create hybrid governance forms, integrate strategy and economics into a more holistic perspective on network strategy. It uses a methodological framework to show the inherent structural and strategic factors that facilitate alliance formation in the healthcare industry covering the leading regions (North America, Europe and Asia).