| | Entrepreneurial innovation in pharmaceutical research and development.: An article from: Human Resource Planning |  | Authors: Richard E. Boyatzis, Mary B. Esteves, Lyle M., Jr. Spencer
Brand: The Gale Group
Category: Book
Buy New: $5.95
Format: Html
Media: Digital
Pages: 22
ASIN: B00092TI5W
Publication Date: December 1, 1992
Availability: Available for download now
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Product Description
This digital document is an article from Human Resource Planning, published by Human Resource Planning Society on December 1, 1992. The length of the article is 6413 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the author: Rapid innovation in pharmaceutical firms, especially in drug development, benefits the consumer and the company. Based on earlier organizational competency studies, a diagnostic study and intervention are detailed here in which the time needed to develop a drug was reduced by over 30%, doubling the time the company will probably have the drugs available for sale and distribution while under patent protection (i.e., increasing this period from about four years to about eight years). A number of strengths of the company were built upon in devising entrepreneurial drug development units, called Venture Teams. It was found that the scientist or clinician leading each Team could operate as a product champion within the highly complex and intricate activities of scientific studies, clinical trials, worldwide development, and regulatory requirements. Entrepreneurial spirit, and the focus created by organizing activities around specific drugs, enabled flexibility and rapid decision making. It also had an effect on stimulating excitement in the entire R&D Division.
Citation Details
Title: Entrepreneurial innovation in pharmaceutical research and development.
Author: Richard E. Boyatzis
Publication: Human Resource Planning (Refereed)
Date: December 1, 1992
Publisher: Human Resource Planning Society
Volume: v15 Issue: n4 Page: p15(15)
Distributed by Thomson Gale
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