Leading Pharmaceutical Innovation : Trends and Drivers for Growth in the Pharmaceutical Industry

Leading Pharmaceutical Innovation : Trends and Drivers for Growth in the Pharmaceutical Industry

Author
Oliver Gassmann, Gerrit Reepmeyer, Maximilian Zedtwitz
Publication Year
2008
Publisher
Springer
Language
English
Document Type
Book
Faculty / Subject Heading
Business Administration

Pharmaceutical giants have doubled their investments in drug development in the past decade only to see new drug approvals remain constant. This book investigates and highlights a set of proactive strategies aimed at generating sustainable competitive advantage based on value-generating business practices. We focus on three sources of pharmaceutical innovation: new management methods in the drug development pipeline, new technologies as enablers for cutting-edge R&D, and new forms of cooperation and internationalization, such as open innovation in the early phases of R&D. Our findings are illustrated by cases from Europe, the US, and Asia.


Keywords: Business and Economics / Drug Discovery / Forschung & Entwicklung / Globalization / Innovation Management / Pharmaceuticals / Productivity / R&D Management / Business / Development / Innovation / Management / Science and technology / Strategy