{"id":"W4318473246","doi":"10.1111/jpim.12658","title":"Premature R&amp;D alliance termination and shareholder returns: Evidence from the biopharmaceutical industry","year":2023,"lang":"en","type":"article","venue":"Journal of Product Innovation Management","topic":"Capital Investment and Risk Analysis","field":"Economics, Econometrics and Finance","cited_by":7,"is_retracted":false,"has_abstract":true,"ca_institutions":"Laurentian University; Saint Mary's University","funders":"","keywords":"Alliance; Shareholder; Business; Stock (firearms); Transaction cost; Event study; Monetary economics; Abnormal return; Volatility (finance); Shareholder value; Financial economics; Economics; Accounting; Finance; Stock exchange; Corporate governance","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001328686,0.0000941125,0.00017396,0.0002398677,0.00008660191,0.0001357702,0.0002048949,0.000063771,0.0001578621],"category_scores_gemma":[0.0002395238,0.00006539287,0.00004693535,0.001528166,0.00003648332,0.0004769407,0.00008946867,0.0003293619,0.0000708812],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00005354474,"about_ca_system_score_gemma":0.000006440949,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.000008594392,"about_ca_topic_score_gemma":0.0000034031,"domain_scores_codex":[0.9988773,0.0000200075,0.000665091,0.0002081282,0.000110631,0.0001188019],"domain_scores_gemma":[0.998953,0.00005581575,0.000651649,0.0001835423,0.0001311922,0.00002474867],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"observational","study_design_scores_codex":[0.0001889024,0.0003323901,0.1901534,0.0004440046,0.00180236,0.00008766547,0.004123994,0.0007031573,0.005035766,0.3832228,0.3598116,0.05409399],"study_design_scores_gemma":[0.0005066096,0.00004744154,0.7669545,0.0003432198,0.0001056063,0.000009300086,0.0004428298,0.001479611,0.0007472991,0.06062131,0.16847,0.0002722622],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9561343,0.01180185,0.00009854799,0.03106876,0.0004293047,0.0002344792,0.00002601756,0.00001788853,0.0001889117],"genre_scores_gemma":[0.9832807,0.01080195,0.001222026,0.001066994,0.0005989138,0.00001124035,0.00003984408,0.000009212526,0.002969167],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.5768012,"threshold_uncertainty_score":0.2666644,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.158920481816165,"score_gpt":0.3248399409165988,"score_spread":0.1659194591004338,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}