Open innovation in new drug research: the Indian perspective

Bhawani Bhatnagar, Viktor Dörfler, Jillian MacBryde

Research output: Contribution to conference › Paper

Abstract

This article sketches open innovation strategies pursued by eight Indian pharmaceutical firms and provides an account of strategic flexibility charted by firms in the wake of changes in the legislative environment. The findings examined through the lens of open innovation and dynamic capabilities identifies ‘technological competencies’ and ‘funding’ as two very important reasons, which push the traditionally closed R&D firms to pursue open innovation. Within the dynamic capabilities framework, the findings suggest that resources and competencies play a vital role in enabling open innovation in the complex new drug research setting.
LanguageEnglish
Publication statusPublished - 30 Jun 2015
Event22nd EurOMA 2015 - University of Neuchâtel, Neuchâtel, Switzerland
Duration: 26 Jun 2015 → 1 Jul 2015

Conference

Conference22nd EurOMA 2015
CountrySwitzerland
CityNeuchâtel
Period26/06/15 → 1/07/15

Fingerprint

Innovation
Drug products
Lenses
Drugs
Open innovation
Competency
Dynamic capabilities

Keywords

  • innovation strategies
  • open innovation
  • dynamic capabilities framework
  • pharmaceutical industry
  • India
  • drug research

Cite this

Bhatnagar, B., Dörfler, V., & MacBryde, J. (2015). Open innovation in new drug research: the Indian perspective. Paper presented at 22nd EurOMA 2015, Neuchâtel, Switzerland.
Bhatnagar, Bhawani ; Dörfler, Viktor ; MacBryde, Jillian. / Open innovation in new drug research : the Indian perspective. Paper presented at 22nd EurOMA 2015, Neuchâtel, Switzerland.
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Bhatnagar, B, Dörfler, V & MacBryde, J 2015, 'Open innovation in new drug research: the Indian perspective' Paper presented at 22nd EurOMA 2015, Neuchâtel, Switzerland, 26/06/15 - 1/07/15, .

Open innovation in new drug research : the Indian perspective. / Bhatnagar, Bhawani; Dörfler, Viktor; MacBryde, Jillian.

2015. Paper presented at 22nd EurOMA 2015, Neuchâtel, Switzerland.

Research output: Contribution to conference › Paper

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AU - Dörfler, Viktor

AU - MacBryde, Jillian

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KW - open innovation

KW - dynamic capabilities framework

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M3 - Paper

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Bhatnagar B, Dörfler V, MacBryde J. Open innovation in new drug research: the Indian perspective. 2015. Paper presented at 22nd EurOMA 2015, Neuchâtel, Switzerland.

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