Experimentation with strategy and evolution of dynamic capability in the Indian Pharmaceutical sector

S.V. Ramani, S. Athreye*, D Kale

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review


This article demonstrates that radical regulatory changes can be tantamount to technological revolutions by studying indian pharmaceutical firms. It shows that radical regulatory changes such as the indian patent act of 1970, the new industrial policy of 1991 and the signing of trips (trade related intellectual property rights system) in 1995 served to open up new economic opportunities and constraints in the wake of which the winners and losers were selected as a function of the dynamic firm capabilities most appropriate for the new market environment.
Original languageEnglish
Pages (from-to)729-759
Number of pages30
JournalIndustrial and Corporate Change
Issue number4
Publication statusPublished - 1 Jan 2009

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