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Outsourcing of Research by Pharmaceutical and Biotechnology Firms


  • Tapon, F.
  • Thong, M.


Knowledge in biological sciences is now advancing across such a broad front and at such a pace that, whatever its siza, no firm can hope t keep up in all areas. Outsourcing of research is an alternative to acquisitions as a way of keeping up. In this monograph we review the benefits abd costs of research outsourcing.

Suggested Citation

  • Tapon, F. & Thong, M., 1997. "Outsourcing of Research by Pharmaceutical and Biotechnology Firms," Working Papers 1997-2, University of Guelph, Department of Economics and Finance.
  • Handle: RePEc:gue:guelph:1997-2

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    References listed on IDEAS

    1. Reilly, Barry & Witt, Robert, 1998. "Petrol price asymmetries revisited," Energy Economics, Elsevier, vol. 20(3), pages 297-308, June.
    2. Bacon, Robert W., 1991. "Rockets and feathers: the asymmetric speed of adjustment of UK retail gasoline prices to cost changes," Energy Economics, Elsevier, vol. 13(3), pages 211-218, July.
    3. Hansen, Bruce E, 1996. "Inference When a Nuisance Parameter Is Not Identified under the Null Hypothesis," Econometrica, Econometric Society, vol. 64(2), pages 413-430, March.
    4. Severin Borenstein & A. Colin Cameron & Richard Gilbert, 1997. "Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?," The Quarterly Journal of Economics, Oxford University Press, vol. 112(1), pages 305-339.
    5. Hansen, Bruce E., 2000. "Testing for structural change in conditional models," Journal of Econometrics, Elsevier, vol. 97(1), pages 93-115, July.
    6. Andrews, Donald W K & Ploberger, Werner, 1994. "Optimal Tests When a Nuisance Parameter Is Present Only under the Alternative," Econometrica, Econometric Society, vol. 62(6), pages 1383-1414, November.
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    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics


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