Template-type: ReDIF-Paper 1.0
Author-Name: Athreye, Suma
Author-Email: athreye@merit.unu.edu
Author-Workplace-Name: UNU-MERIT, and Brunel Business School
Author-Name: Kale, Dinar
Author-Email: d.kale@open.ac.uk
Author-Workplace-Name: Open University, and ESRC Innogen
Author-Name: Ramani, Shyama V.
Author-Email: ramani@ivry.inra.fr
Author-Workplace-Name: Institut National de la Recherche Agronomique (INRA),
	 and Ecole Polytechnique Paris
Title: Experimentation with Strategy and the Evolution of Dynamic Capability in the 
	 Indian Pharmaceutical Sector
Abstract: This paper 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.
Classification-JEL: L11, L22, L51, L65, M31, O32, O34, O53
Keywords: International Marketing, R&D Management, India, Pharmaceutical Sector,
	 Corporate Strategy
Series: UNU-MERIT Working Papers
Creation-Date: 2008
Number: 041
File-URL: http://www.merit.unu.edu/publications/wppdf/2008/wp2008-041.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2008041