Title:
Innovation in the biopharmaceutical industry

dc.contributor.advisor Nair-Reichert, Usha
dc.contributor.author Kamada, Vitor
dc.contributor.committeeMember Kutlu, Levent
dc.contributor.committeeMember McCarthy, Patrick S.
dc.contributor.committeeMember Klimenko, Mikhail
dc.contributor.committeeMember Barke, Richard
dc.contributor.department Economics
dc.date.accessioned 2017-08-17T18:59:48Z
dc.date.available 2017-08-17T18:59:48Z
dc.date.created 2017-08
dc.date.issued 2017-06-26
dc.date.submitted August 2017
dc.date.updated 2017-08-17T18:59:48Z
dc.description.abstract Three aspects of the drug development process are little understood in the literature: 1) which type of organization has comparative advantage in conducting clinical trials, firms or nonprofit organization (NPOs)?; 2) what determines the timing of technological collaboration?; and 3) how the strategies making, allying, and buying R&D impact the probability of drug approval? Using data on over 20,000 clinical trials, 800 technological alliances, and 14,000 R&D projects, the main findings of this econometric study are: 1) firms complete each phase of clinical trial faster than nonprofit organizations; 2) licensor scientific and technological specialization is the main factor to speed up the technological collaboration; and 3) R&D projects developed by research alliance have higher probability of drug approval than internal R&D projects, but R&D projects originated from M&A have lower probability of drug approval than internal R&D projects. Together these findings inform policy makers and managers on how to foster the innovation performance in the biopharmaceutical industry.
dc.description.degree Ph.D.
dc.format.mimetype application/pdf
dc.identifier.uri http://hdl.handle.net/1853/58684
dc.language.iso en_US
dc.publisher Georgia Institute of Technology
dc.subject Innovation
dc.subject M&A
dc.subject Alliance
dc.subject Biopharmaceutical
dc.subject R&D
dc.subject Clinical trial
dc.subject Drug
dc.subject Technology
dc.title Innovation in the biopharmaceutical industry
dc.type Text
dc.type.genre Dissertation
dspace.entity.type Publication
local.contributor.advisor Nair-Reichert, Usha
local.contributor.corporatename School of Economics
local.contributor.corporatename Ivan Allen College of Liberal Arts
relation.isAdvisorOfPublication 627aaf4d-6abb-4f78-a52e-f170c6e26d3e
relation.isOrgUnitOfPublication 15802d30-e8cc-4b9a-86ef-2a59ac816e4b
relation.isOrgUnitOfPublication b1049ff1-5166-442c-9e14-ad804b064e38
thesis.degree.level Doctoral
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