Managing R&D Activities in the Italian Biotech Industry: A Comparison of Investments from MNCs and Domestic Firms

IUP Journal of Knowledge Management, Vol. 8, No. 3, pp. 39-59, July 2010

Posted: 5 Aug 2010

See all articles by Alessia Pisoni

Alessia Pisoni

University of Insubria - Department of Economics

Alberto Onetti

University of Insubria

Luciano Fratocchi

University of L’Aquila

Marco Talaia

University of Pavia

Abstract

This paper aims at analyzing the main features of Research and Development (R&D) activities carried out by the Italian biotech companies. It was decided to focus on the biotech industry, because of the specific features of its knowledge firms (Kamath, 2007), that deeply influence both the strategic behavior of firms and the economic environment of the countries where they operate. Keeping in mind the different types of biotech firms operating at global level, it was finally decided to concentrate on the Italian red biotech segment (that is healthcare biotech companies which develop drugs and diagnostics). The Italian independent firms and Multinational Companies (MNCs) were studied separately. Analyzing the peculiarities of how Italian independent firms and MNCs manage R&D activities, efforts were made to find out the existence of a different approach to R&D investments. This paper is divided into four main parts. In the first part, the main relevant features of biotech firms are discussed and the literature background presented. The second part deals with sample and methodology description. In the third part, the main results regarding the analysis of R&D activities carried out by the red Italian biotech companies are presented. The paper ends with the conclusion.

Keywords: Biotech, Localization, Collaborative Research and Development (R&D), Knowledge management

Suggested Citation

Pisoni, Alessia and Onetti, Alberto and Fratocchi, Luciano and Talaia, Marco, Managing R&D Activities in the Italian Biotech Industry: A Comparison of Investments from MNCs and Domestic Firms. IUP Journal of Knowledge Management, Vol. 8, No. 3, pp. 39-59, July 2010, Available at SSRN: https://ssrn.com/abstract=1652673

Alessia Pisoni (Contact Author)

University of Insubria - Department of Economics ( email )

Via Monte Generoso, 71
Varese, 21100
Italy
+39 0332 395804 (Phone)
+39 0332 395509 (Fax)

Alberto Onetti

University of Insubria ( email )

Via Monte Generoso, 71
Varese, 21100
Italy

Luciano Fratocchi

University of L’Aquila ( email )

Località Monteluco di Roio, 67040
L’Aquila
Italy

Marco Talaia

University of Pavia ( email )

Corso Strada Nuova, 65
27100 Pavia, 27100
Italy

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