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Innovative Capability Development In The Indian Pharmaceutical Industry

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  • DINAR KALE

    (Development Policy and Practice, The Open University, Walton Hall, Milton Keynes, MK7 6AA, UK)

Abstract

With increasing globalization, firms in emerging countries are facing turbulent business environment that is marked by liberalization of economic policies and regulatory changes. In such cases firms have to undertake dynamic learning to develop new capability. In developing countries the challenge for firms to develop new competencies is more complex due to political and economic complexities. This paper shows the key role of Diaspora scientists and collaborative models of R&D in development of innovative capabilities in the Indian industry. It also reveals that Indian firms transformed their business models as a response to changing external environment and raises questions regarding future development of the industry.

Suggested Citation

  • Dinar Kale, 2012. "Innovative Capability Development In The Indian Pharmaceutical Industry," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-19.
    • Handle: RePEc:wsi:ijitmx:v:09:y:2012:i:02:n:s0219877012500137
    DOI: 10.1142/S0219877012500137
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    References listed on IDEAS

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    1. Jaya Prakash Pradhan, "undated". "Global competitiveness of Indian Pharmaceutical Industry: Trends and Strategies," Working Papers 0605, Institute for Studies in Industrial Development (ISID).
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    Cited by:

    1. Papaioannou, Theo & Watkins, Andrew & Mugwagwa, Julius & Kale, Dinar, 2016. "To Lobby or to Partner? Investigating the Shifting Political Strategies of Biopharmaceutical Industry Associations in Innovation Systems of South Africa and India," World Development, Elsevier, vol. 78(C), pages 66-79.
    2. Thakur–Wernz, Pooja & Wernz, Christian, 2022. "Impact of stronger intellectual property rights regime on innovation: Evidence from de alio versus de novo Indian bio-pharmaceutical firms," Journal of Business Research, Elsevier, vol. 138(C), pages 457-473.

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