Innovation, Competition and Regulatory Change: Assessing Interrelationships at the Industry Level

This paper focuses on the overall themes of the issue to examine the interrelationships between innovation, competition and regulatory change in international business. It provides a synthesis by highlighting recent interlinked developments in two contrasting industries dominated by large multinatio...

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Bibliographic Details
Published in:Management international review 2007, Vol.47 (5), p.767-785
Main Authors: Fai, Felicia M., Morgan, Eleanor J.
Format: Article
Language:English
Subjects:
Automobile industry
Automotive industries
Business innovation
Business management
Business studies
Collaboration
Communications technology
Competition
Competitive advantage
Drug development
Drug regulation
Drugs
Economic regulation
Government regulation of business
Industrial regulation
Innovation
Innovations
International business
Knowledge
Management
Management science
Multinational corporations
Pharmaceutical industry
Pharmaceutical preparations
Product differentiation
R&D
Regulation
Regulatory competition
Research & development
Research and development
Technological innovation
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Summary:This paper focuses on the overall themes of the issue to examine the interrelationships between innovation, competition and regulatory change in international business. It provides a synthesis by highlighting recent interlinked developments in two contrasting industries dominated by large multinationals – pharmaceuticals and automotives, with specific reference to cars. This industry based assessment highlights the technical, economic and regulatory forces that have together changed the business environment, innovation processes and nature of competition in the pharmaceutical and automotive industries.
ISSN:0938-8249
1861-8901
DOI:10.1007/s11575-007-0044-y