Paper to be presented at DRUID19 Copenhagen Business School, Copenhagen, Denmark June 19-21, 2019 Technology Alliances: Disentangling Knowledge Resources to Target Financial Capital Mohammad Saleh Farazi New Jersey Institute of Technology Martin Tuchman School of Management saleh.farazi@gmail.com Abstract As all firms compete for scarce resources, many biotechnology firms strive to obtain higher amounts of financial capital through partnerships with big pharma companies. This paper takes a close look at the technological resources of the biotechnology firm and asks whether their ?depth? and ?breadth? impact the amount of financial capital the firm receives from its big pharma alliance partner. Results show that technological depth is associated with raising more financial capital, whereas breadth is related to less money. More interestingly, when combined with a well-developed technological project, both depth and breadth are positively related with the financial capital raised.