Reconfiguration of competencies as a response to the emergence of disruptive new markets – evidence from Indian pharmaceutical firms
نویسنده
چکیده
This paper examines the response of Indian firms to the emergence of a new disruptive market segment resulting from evolving biosimilar regulation and saturation of existing generics markets. Using novel analytical tools such as a technology–market capability matrix and a capability creation model, we show technological trajectories and heterogeneity in firm strategies employed by incumbent firms to compete in the biosimilars market. Analysis reveals that entry into emerging country markets and R&D collaborations formed core elements of experimentation with strategy.
منابع مشابه
Heterogeneity in learning processes and the evolution of dynamic capabilities: Evidence from the Indian pharmaceutical industry
This paper examines heterogeneity in the response of Indian firms to the emergence of a new disruptive market segment biosimilars. Using the novel analytical tool of a technology?market capability matrix we show that path dependency and managerial vision are key drivers of heterogeneity in the reconfiguration processes and strategies employed by incumbent firms to compete in a new disruptive ma...
متن کاملStrategic integration of knowledge in Indian pharmaceutical firms: creating comptencies for innovation
Trade liberalisation and changes in the Intellectual Property Rights (IPR) have fashioned new dynamics in the pharmaceutical industry across the globe. Firms are forced to bring changes to their research, innovation, technology and marketing practices by a reconfiguration of their competencies and resources. The most common strategic concern that Trade Related Aspects of Intellectual Property R...
متن کاملStrategic integration of knowledge in Indian pharma- ceutical firms: creating competencies for innovation
Trade liberalisation and changes in the Intellectual Property Rights (IPR) have fashioned new dynamics in the pharmaceutical industry across the globe. Firms are forced to bring changes to their research, innovation, technology and marketing practices by a reconfiguration of their competencies and resources. The most common strategic concern that Trade Related Aspects of Intellectual Property R...
متن کاملDiscontinuous learning as a response to disruptive regulatory change: The case of Indian pharmaceutical industry
Technological or institutional change has proven to be big cause for failure of established firms and history is full of such examples. The stregnhthening of patent laws as a result of TRIPs (Trade Related intellectual property rights) agreement represents such a institutional change for knowledge based industries from developing countries. This represents a radical break with the past in which...
متن کاملEvolution of creative imitation under the TRIPS compliant patent regime: Development of biosimilar capabilities in the Indian pharmaceutical sector
The impact of The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) on the growth and technological capabilities of the Indian pharmaceutical industry and indeed the pharmaceutical industry of other emerging countries has emerged as a critical issue in the quest for affordable healthcare for poor populations. Evidence suggests that the initial response of the Indian pha...
متن کامل