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http://ssrn.com/abstract=1143472
 
 

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The Globalization of Innovation: Pharmaceuticals: Can India and China Cure the Global Pharmaceutical Market


Vivek Wadhwa


Center for Entrepreneurship and Research Commercialization, Pratt School of Engineering; Stanford University - Arthur & Toni Rembe Rock Center for Corporate Governance

Ben A. Rissing


Massachusetts Institute of Technology (MIT) - Behavioral Policy Science (BPS)

G. Gereffi


Duke University - Department of Sociology - Director, Center on Globalization, Governance & Competitiveness

John Trumpbour


Harvard University - Labor and Worklife Program

Pete Engardio


BusinessWeek



Abstract:     
Multinational pharmaceutical corporations are searching for means to broaden their capacity for drug development while decreasing costs. Pharmaceutical firms in India and China are increasingly forging partnerships with these corporations to gain revenue and to develop their own expertise. These relationships largely appear to be symbiotic. As a result of the movement of research to their countries, Indian and Chinese scientists are rapidly developing the ability to innovate and create their own intellectual property. Several firms in India and China are performing advanced R&D and are moving into the highest-value segments of the pharmaceutical global value chain.

Number of Pages in PDF File: 67

Keywords: pharmaceuticals, innovaiton, R&D, value chain, China, India

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Date posted: June 11, 2008 ; Last revised: February 23, 2014

Suggested Citation

Wadhwa, Vivek and Rissing, Ben A. and Gereffi, G. and Trumpbour , John and Engardio, Pete, The Globalization of Innovation: Pharmaceuticals: Can India and China Cure the Global Pharmaceutical Market. Available at SSRN: http://ssrn.com/abstract=1143472 or http://dx.doi.org/10.2139/ssrn.1143472

Contact Information

Vivek Wadhwa
Center for Entrepreneurship and Research Commercialization, Pratt School of Engineering ( email )
Durham, NC 27708
United States
Stanford University - Arthur & Toni Rembe Rock Center for Corporate Governance ( email )
Crown Quadrangle 559 Nathan Ab
Stanford, CA 94305-8610
United States
Ben A. Rissing (Contact Author)
Massachusetts Institute of Technology (MIT) - Behavioral Policy Science (BPS) ( email )
Cambridge, MA
United States
Gary Gereffi
Duke University - Department of Sociology - Director, Center on Globalization, Governance & Competitiveness ( email )
Box 90088
Durham, NC 27708-0204
United States
919-660-5880 (Phone)
919-684-2855 (Fax)
John Trumpbour
Harvard University - Labor and Worklife Program ( email )
125 Mt. Auburn St., 3rd Floor
Cambridge, MA 02138
United States
Pete Engardio
BusinessWeek ( email )
United States
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