TY - JOUR
T1 - Partnership and innovation in the pharmaceutical industry
T2 - the case of clinical research
AU - Ippoliti, Roberto
AU - Ramello, Giovanni B.
AU - Scherer, Frederic M.
N1 - Publisher Copyright:
© 2019 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2021
Y1 - 2021
N2 - This study attempts to test the hypothesis that collaborative research projects boost R&D performance. More specifically, through an empirical investigation, it ascertains which organizational solution best enhances scientific impact, focusing on a sample of phase II and III clinical trials and using citations in scientific journals as a measure. The main findings confirm that there are substantial differences in the ability of distinct research organizations to foster innovation, with the collaborative solution more likely to be productive. All in all, this result supports the literature asserting that collaborative networks play a productive role in knowledge domains. It may also offer an explanation for the puzzle characterizing the pharmaceutical industry, where extensive consolidation has coincided with a fall in R&D productivity.
AB - This study attempts to test the hypothesis that collaborative research projects boost R&D performance. More specifically, through an empirical investigation, it ascertains which organizational solution best enhances scientific impact, focusing on a sample of phase II and III clinical trials and using citations in scientific journals as a measure. The main findings confirm that there are substantial differences in the ability of distinct research organizations to foster innovation, with the collaborative solution more likely to be productive. All in all, this result supports the literature asserting that collaborative networks play a productive role in knowledge domains. It may also offer an explanation for the puzzle characterizing the pharmaceutical industry, where extensive consolidation has coincided with a fall in R&D productivity.
KW - Pharmaceutical innovation
KW - clinical research
KW - collaborative research projects
KW - trials
UR - http://www.scopus.com/inward/record.url?scp=85076360330&partnerID=8YFLogxK
U2 - 10.1080/10438599.2019.1701782
DO - 10.1080/10438599.2019.1701782
M3 - Article
SN - 1043-8599
VL - 30
SP - 317
EP - 334
JO - Economics of Innovation and New Technology
JF - Economics of Innovation and New Technology
IS - 3
ER -