Abstract：
:The biopharmaceutical industry is characterized by intense competition, high uncertainty, and strong dependence on scientific knowledge. We show that in order to succeed in this industry, firms need to be positioned along three strategic dimensions: the level of inter-firm R&D partnering, the level of diversification, and the size of the firm. Prior research has revealed that a firm's membership in so-called 'strategic groups' impacts strongly on its performance. This study analyzes strategic groups in the biopharmaceutical industry along the strategic dimensions listed. The performance of the groups differs significantly. The best performing groups are the ones that consist of large firms with a high level of in-house diversification across therapeutic areas and the medium-sized firms that pursue partnership with other companies.
journal_name
Drug Discov Todayjournal_title
Drug discovery todayauthors
Erden Z,von Krogh G,Nytorp C,Hultberg Mdoi
10.1016/j.drudis.2009.04.004subject
Has Abstractpub_date
2009-08-01 00:00:00pages
726-30issue
15-16eissn
1359-6446issn
1878-5832pii
S1359-6446(09)00144-5journal_volume
14pub_type
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journal_title：Drug discovery today
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