Experimentation with strategy and the evolution of dynamic capability in the Indian pharmaceutical sector
This article 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...
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| Veröffentlicht in: | Industrial and corporate change 2009-08, Vol.18 (4), p.729-759 |
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| container_title | Industrial and corporate change |
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| creator | Athreye, Suma Kale, Dinar Ramani, Shyama V. |
| description | This article 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. |
| doi_str_mv | 10.1093/icc/dtp024 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0960-6491 |
| ispartof | Industrial and corporate change, 2009-08, Vol.18 (4), p.729-759 |
| issn | 0960-6491 1464-3650 |
| language | eng |
| recordid | cdi_hal_primary_oai_HAL_hal_02662468v1 |
| source | PAIS Index; Business Source Complete; Oxford Journals |
| subjects | Case studies Changes Competition Competitive advantage Economic opportunities Economic policy Enterprises Entrepreneurs Evolution Experiments Humanities and Social Sciences Hypotheses Industrial policy Industry Innovations Intellectual property Pharmaceutical industry Problem solving Product development Regulation Strategic management |
| title | Experimentation with strategy and the evolution of dynamic capability in the Indian pharmaceutical sector |
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