Internationalising to create Firm Specific Advantages: Leapfrogging strategies of U.S. Pharmaceutical firms in the 1930s and 1940s & Indian Pharmaceutical firms in the 1990s and 2000s
AbstractInternationalisation is a useful strategy to gain firm specific advantages during periods of technological discontinuity. The pharmaceutical industry offers us two such episodes as examples: when the antibiotics revolution was beginning and when the possibilities of genetic routes to new drug discovery were realised. This paper compares the strategies adopted by laggard U.S. firms scrambling to gain capabilities in antibiotics, and Indian firms equally eager to acquire positions in new biotechnology based drugs and shows that both groups used internationalisation strategies to gain technological advantages and build up their firm specific advantages.
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Bibliographic InfoPaper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 051.
Date of creation: 2008
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Technological leapfrogging; Internationalisation Strategies; Indian Pharmaceutical industry; Antibiotics revolution; US Pharmaceuticals;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology
- N80 - Economic History - - Micro-Business History - - - General, International, or Comparative
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-09-13 (All new papers)
- NEP-COM-2008-09-13 (Industrial Competition)
- NEP-CSE-2008-09-13 (Economics of Strategic Management)
- NEP-CWA-2008-09-13 (Central & Western Asia)
- NEP-HIS-2008-09-13 (Business, Economic & Financial History)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Athreye, Suma & Kale, Dinar & Ramani, Shyama V., 2008.
"Experimentation with Strategy and the Evolution of Dynamic Capability in the Indian Pharmaceutical Sector,"
UNU-MERIT Working Paper Series
041, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- Suma Athreye & Dinar Kale & Shyama V. Ramani, 2009. "Experimentation with strategy and the evolution of dynamic capability in the Indian pharmaceutical sector," Industrial and Corporate Change, Oxford University Press, vol. 18(4), pages 729-759, August.
- Athreye, Suma & Kale, Dinar & Ramani, Shyama V., 2008. "Experimentation with Strategy and the Evolution of Dynamic Capability in the Indian Pharmaceutical Sector," UNU-MERIT Working Paper Series 041, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- Carvalho, Flavia & Duysters, Geert & Costa, Ionara, 2010. "Drivers of Brazilian foreign investments – technology seeking and technology exploiting as determinants of emerging FDI," UNU-MERIT Working Paper Series 017, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
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