#4515. Trends of pharmaceutical corporations’ external innovation strategies: An inverse sigmoid curve
August 2026 | publication date |
Proposal available till | 16-05-2025 |
4 total number of authors per manuscript | 0 $ |
The title of the journal is available only for the authors who have already paid for |
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Journal’s subject area: |
Sociology and Political Science;
Education;
Business and International Management;
Human Factors and Ergonomics; |
Places in the authors’ list:
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)
More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
For decades, scholars believe major pharmaceutical corporations have been facing a decline in R&D efficiency, leading to an increasing demand for early-stage (R&D stage) external innovation. However, after outlining pharmaceutical corporations’ demands on external innovation toolkits by an inverse sigmoid curve, this research indicates an increasing focus of major players on late-stage (commercial or late-development stage) external innovation. Initial results deliver a potential strategy that transferring external innovation focus in advance for R&D excellence, and also suggests policy-makers provide further platforms for enhancing external innovation ecosystem in the pharmaceutical industry.
Keywords:
Drug discovery; External research; Open innovation; Pharmaceutical industry; Technology management
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