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From maturity to value-added innovation: lessons from the pharmaceutical and agro-biotechnology industries

Paper ID Volume ID Publish Year Pages File Format Full-Text
37449 45357 2011 5 PDF Available
Title
From maturity to value-added innovation: lessons from the pharmaceutical and agro-biotechnology industries
Abstract

The pharmaceutical and agro-biotechnology industries have been confronted by dwindling product pipelines and rapid developments in life sciences, thus demanding a strategic rethink of conventional research and development. Despite offering both industries a solution to the pipeline problem, the life sciences have also brought complex regulatory challenges for firms. In this paper, we comment on the response of these industries to the life science trajectory, in the context of maturing conventional small-molecule product pipelines and routes to market. The challenges of managing transition from maturity to new high-value-added innovation models are addressed. Furthermore, we argue that regulation plays a crucial role in shaping the innovation systems of both industries, and as such, we suggest potentially useful changes to the current regulatory system.

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From maturity to value-added innovation: lessons from the pharmaceutical and agro-biotechnology industries
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Publisher
Database: Elsevier - ScienceDirect
Journal: - Volume 29, Issue 3, March 2011, Pages 105–109
Authors
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Subjects
Physical Sciences and Engineering Chemical Engineering Bioengineering
Get Full-Text Now
Don't Miss Today's Special Offer
Price was $35.95
You save - $31
Price after discount Only $4.95
100% Money Back Guarantee
Full-text PDF Download
Online Support
Any Questions? feel free to contact us