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Internationalization and technological leapfrogging in the pharmaceutical industry

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Listed:
  • Suma Athreye
  • Andrew Godley

Abstract

Internationalization is a useful strategy for gaining firm-specific technological advantages especially during periods of technological discontinuity as the pharmaceutical industry illustrates. The antibiotics revolution in the 1940s saw laggard US firms scrambling to gain capabilities in antibiotics. The possibilities of non-chemical routes to new drug discovery in the 1990s saw Indian generic drug manufacturers attempting to develop new drug discovery capabilities. This article compares the leapfrogging strategies adopted by US and Indian firms and shows that in both periods internationalization strategies were central to the technological strategies of both groups of firms. Copyright 2009 , Oxford University Press.

Suggested Citation

  • Suma Athreye & Andrew Godley, 2009. "Internationalization and technological leapfrogging in the pharmaceutical industry," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 18(2), pages 295-323, April.
    • Handle: RePEc:oup:indcch:v:18:y:2009:i:2:p:295-323
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