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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Author Kale, Dinar
Ramani, Shyama V.
Athreye, SumaTitle 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 strategyJEL L1
L2
L5
L6
O3
O5Copyright Holder UNU-MERIT Copyright Year 2008 ISSN 1871-9872 -
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