Open innovation for new drug research in Indian pharmaceutical sector

Bhawani Bhatnagar; Jillian MacBryde; Viktor Dörfler

Open innovation for new drug research in Indian pharmaceutical sector

Bhawani Bhatnagar, Jillian MacBryde, Viktor Dörfler

Management Science

Research output: Contribution to conference › Poster › peer-review

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Abstract

The national environment in India for the pharmaceutical sector recently underwent changes with The Patents (Amendment)Act 2005, to comply with the TRIPS agreement leading to product patent protection.This has led to Government initiatives to support R&D and promote interlinkages between industry and academia. Globally, innovation ecosystem in recent years has morphed and seen a paradigm shift from a closed innovation in-house R&D model to more open approaches. In this context, the study aspires to gain an understanding of how the institutional and regulatory factors influence adoption of open innovation strategies at firm level and enables formation of innovation networks between universities, public research labs and firms in India.

Original language	English
Publication status	Published - 12 Sep 2014
Event	Drug Discovery India 2014 - Ramada Powai Hotel & Convention Centre, Mumbai, India Duration: 11 Sep 2014 → 12 Sep 2014

Conference

Conference	Drug Discovery India 2014
Country	India
City	Mumbai
Period	11/09/14 → 12/09/14

Keywords

innovation
collaboration
pharmaceutics

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Bhatnagar-etal-DDI2014-open-innovation-for-new-drug-researchAccepted author manuscript, 514 KB

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Cite this

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AU - MacBryde, Jillian

AU - Dörfler, Viktor

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AB - The national environment in India for the pharmaceutical sector recently underwent changes with The Patents (Amendment)Act 2005, to comply with the TRIPS agreement leading to product patent protection.This has led to Government initiatives to support R&D and promote interlinkages between industry and academia. Globally, innovation ecosystem in recent years has morphed and seen a paradigm shift from a closed innovation in-house R&D model to more open approaches. In this context, the study aspires to gain an understanding of how the institutional and regulatory factors influence adoption of open innovation strategies at firm level and enables formation of innovation networks between universities, public research labs and firms in India.

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