Outsourcing of R&D in the Pharmaceutical Industry: From Conceptualisation to Implementation of the Strategic Sourcing Process

Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The pharmaceutical industry has undergone a technological paradigm shift that has allowed it to think differently about drug research and design. Today the innovator is no longer the individual firm but rather a group of agents with both complementary as well as heterogeneous skills and assets that are connected with one another through an elaborate and often complex set of network arrangements. This book examines the strategic aspects of outsourcing in relation to the firm. It provides a holistic view of the outsourcing process, starting with conceptualisation through to implementation and management. Although the book is based on a case study of the pharmaceutical industry, the general principles derived from the Strategic Sourcing Model are generic in nature and it is applicable to instances of outsourcing in other industries as well. Taken within this context, the book is of interest to both academics and managers Front Matter....Pages i-xii Introduction....Pages 1-4 An Overview of the Global Pharmaceutical Industry....Pages 5-33 Competition in the Pharmaceutical Industry....Pages 34-55 Strategies for Innovation and Competitive Advantage....Pages 56-85 The Core Competency Framework and Approaches to R&D....Pages 86-112 Outsourcing Pharmaceutical Product Development....Pages 113-145 Guide to Strategic Outsourcing and Partnership Management....Pages 146-172 Conclusions....Pages 173-178 Back Matter....Pages 179-192 This book examines the strategic aspects of outsourcing in relation to the firm. It provides a holistic view of the outsourcing process, starting with conceptualisation, through to implementation and management of the process. Although the book is based on a case study of the pharmaceutical industry, the general principles derived from the Strategic Sourcing Model are generic in nature and the model can be applied to instances of outsourcing in other industries.