“…Only a small number of studies have explored the impact of trust among manufacturers in an R&D network (Aulakh, Kotabe, & Sahay, 1996;Dyer & Chu, 2003;Hurmelinna, Blomqvist, Puumalainen, & Saarenketo, 2005;Lane, Salk, & Lyles, 2001;Zaheer, McEvilly, & Perrone, 1998), and few studies focus on the factors that aff ect trust among manufacturers, the nature of which shapes manufacturers' cooperation. 2 On this basis, this paper utilizes transaction cost theory and social exchange theory to securitize trust among biotechnology manufacturers by exploring the infl uential factor of trust and how they aff ect trust in an R&D network.…”