Open innovation and intellectual property strategy: the catch-up processes of two Chinese pharmaceutical firms

Shengce Ren, Peiran Su

Research output: Contribution to journalArticlepeer-review

6 Citations (Scopus)

Abstract

We explore the interaction of open innovation and intellectual property (IP) in two Chinese latecomer pharmaceutical firms in their catch-up process. Studying archival data, documentation, and interviews, we found that the two firms exhibited five periods that were characterised by different open innovation activities and R&D capabilities. In their early stages, the two firms lacked R&D functions; thus, they imported technologies and pursued production-oriented strategies. As they gradually entered into collaborations and established their R&D departments, open innovation and IP protection played important and dynamic roles in this process. Thus, a catch-up process involves not only acquiring technological capabilities and innovative competencies but also transforming a firm's capacity to strategies.
Original languageEnglish
Pages (from-to)1159-1175
Number of pages17
JournalTechnology Analysis & Strategic Management
Volume27
Issue number10
Early online date29 Jun 2015
DOIs
Publication statusPublished - 26 Nov 2015

Keywords

  • catch-up
  • open innovation
  • intellectual property
  • developing economy
  • pharmaceutical industry

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