Experimentation with strategy and the evolution of dynamic capability in the Indian Pharmaceutical Sector

Kale, Dinar, Ramani, Shyama V. and Athreye, Suma (2008). Experimentation with strategy and the evolution of dynamic capability in the Indian Pharmaceutical Sector. UNU-MERIT.

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UNU-MERIT Working Papers

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  • Author Kale, Dinar
    Ramani, Shyama V.
    Athreye, Suma
    Title Experimentation with strategy and the evolution of dynamic capability in the Indian Pharmaceutical Sector
    Publication Date 2008
    Publisher UNU-MERIT
    Abstract This paper demonstrates that radical regulatory changes can be tantamount to technological revolutions by studying Indian pharmaceutical firms. It shows that radical regulatory changes such as the Indian Patent Act of 1970, the New Industrial Policy of 1991 and the signing of TRIPS (Trade Related Intellectual Property Rights System) in 1995 served to open up new economic opportunities and constraints in the wake of which the winners and losers were selected as a function of the dynamic firm capabilities most appropriate for the new market environment.
    Keyword International marketing
    R&D management
    Indian pharmaceutical sector
    Corporate strategy
    JEL L1
    L2
    L5
    L6
    O3
    O5
    Copyright Holder UNU-MERIT
    Copyright Year 2008
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 16:16:03 JST