Strategic Leadership and Competitive Advantage: A Case of an Indian Pharma Firm in the New Patent Regime

Apeejay Business Review, Volume 9, No. 1 & 2, pages 65-75, September-December 2008.

23 Pages Posted: 5 Apr 2012 Last revised: 27 Nov 2012

See all articles by Abhinava Singh

Abhinava Singh

Chimanbhai Patel Institute of Management & Research; CPIMR

Siddharth G. Das

L. J. Institute of Computer Applications

Date Written: May 3, 2007

Abstract

This paper attempts to elucidate upon the current changes in the Indian Pharmaceutical Industry (IPI) brought about by the product patent regime 2005. The study relates the concept of strategic leadership as a source of competitive advantage for the firm in an industry where science and innovation drives the pace of change. It includes a literature review aiming to clarify the concept of strategic leadership; Determination of strategic options for the IPI based on expert interviews and secondary research and case study of Lincoln Pharmaceuticals Ltd. The objective was to develop testable propositions to be replicated in further study. The preliminary findings suggests that important decisions and actions leading to generation of strategic options, strategic intent and mission, identification, reconfiguration and conversion of resources into capabilities can be traced to strategic leaders at firm level. The organization culture and the subsequent entrepreneurial orientation which promotes innovation and creation of core competencies for competitive advantage is also a result of strategic leadership at firm level.

Keywords: Indian pharmaceutical industry, strategic leadership, product patent regime 2005, strategic options, emerging strategies, tangible & intangible resources, capabilities, core competencies, competitive advantage

JEL Classification: L10, L21, M13, M14, O3, O53

Suggested Citation

Singh, Abhinava and Singh, Abhinava and Das, Siddharth, Strategic Leadership and Competitive Advantage: A Case of an Indian Pharma Firm in the New Patent Regime (May 3, 2007). Apeejay Business Review, Volume 9, No. 1 & 2, pages 65-75, September-December 2008., Available at SSRN: https://ssrn.com/abstract=2033666

Abhinava Singh (Contact Author)

Chimanbhai Patel Institute of Management & Research ( email )

Opposite Karnavati Club
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Ahmedabad, Gujarat 380015
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CPIMR ( email )

Ahmedabad
India

Siddharth Das

L. J. Institute of Computer Applications ( email )

L. J. Campus
S. G. Highway
Ahmedabad, Gujarat 382210
India

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