Technological diversity and future product diversity in the drug industry

Arbeitspapier

This paper deals with the topic of related R&D and innovation strategies of large firms. We ask what determines the diversity of a firm's product portfolio. More specifically, we try to explain large firms' expansion into new product markets driven by the characteristics of their technological knowledge. Empirically, we study firms in the pharmaceutical and biotech industries, using relevant data on product development and technological knowledge. We find a positive relationship between the diversity of a firm's future product portfolio and the diversity of its stock of technological knowledge. This relationship becomes weaker when the breadth of technological knowledge increases.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Jena Economic Research Papers ; No. 2009,031

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Management of Technological Innovation and R&D ; Firm Performance: Size, Diversification, and Scope ; Chemicals; Rubber; Drugs; Biotechnology; Plastics
• Thema: Product diversity ; technological diversity ; product relatedness ; technological relatedness ; coherence ; Diversifikation ; Produktpolitik ; Innovationsmanagement ; Technologie ; Pharmazeutische Industrie ; Biotechnische Industrie ; Großunternehmen ; Europa

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cantner, Uwe ; Plotnikova, Tatiana
• Ereignis: Veröffentlichung
• (wer): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (wo): Jena
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/31772
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ