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Tracing The Trajectory Of Industry Leader’S Drug Innovation Capability: The Amgen Corporation Case

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  • Victor Oladapo
  • Godwin Onyeaso

Abstract

The origin of organizational capabilities remains elusive to strategy managers and scholars. Because of this elusiveness, a scholar has questioned: where [do] capabilities come from [and] what kinds of investment in money, time, and managerial efforts is required in building them [Ethiraj, et al. 2005, Strategic Management Journal, 26, 25-45]. Using the lens of the upper echelon theory, this case provides evidence that Amgen’s President hired stair-scientists who then developed the first drugs that launched Amgen as the global biopharmaceutical industry leader. This way, this case study contributes answers to the questions raised by Ethiraj and colleagues (2005). In sum, this real-world case discussion has practical significance to managers and academics alike.

Suggested Citation

  • Victor Oladapo & Godwin Onyeaso, 2013. "Tracing The Trajectory Of Industry Leader’S Drug Innovation Capability: The Amgen Corporation Case," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 4(2), pages 69-77.
    • Handle: RePEc:ibf:rbfstu:v:4:y:2013:i:2:p:69-77
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    References listed on IDEAS

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    More about this item

    Keywords

    Upper Echelon; Drug Innovation; Capabilities; Network Capabilities;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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