Success Factors in Global Product Innovation: An Illustration from the Pharmaceutical Industry

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Success in new product development is a critical management issue for many firms in high technology industries. No where is this statement more applicable than for firms in the pharmaceutical industry. This industry remains one of the most profitable among U.S. high technology industries. However, the decades of uninterrupted growth have been replaced by a period of dynamic change and instability brought about by spiralling health care expenditures, heightening generic competition, increasing R&D costs, and shortening patent lives.
Original languageEnglish
Title of host publicationUnknown book
PublisherSpringer Nature
StatePublished - 2015

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