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| Author: | Cockburn, I. Henderson, R. |
| Title: | Racing to invest? The dynamics of competition in ethical drug discovery |
| Journal: | Journal of Economics & Management Strategy
1994 : FALL, VOL. 3:3, p. 481-519 |
| Index terms: | INVESTMENT COMPETITION PHARMACEUTICAL INDUSTRY |
| Language: | eng |
| Abstract: | Recent advances in the theoretical literature have greatly expanded our understanding of the forces that shape the competitive dynamics of research and development, but a paucity of sufficiently detailed empirical data has left these insights relatively untested. The authors draw on unusually detailed qualitative and quantitative internal data provided at the research program level by ten major pharmaceutical firms to explore the usefulness of the modern literature as a source of insight into the dynamics of competition in ethical drug discovery. |
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