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

    Abstract

    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
    Volume18
    Issue number4
    DOIs
    Publication statusPublished - 1 Jan 2009

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