Heterogeneity in learning processes and the evolution of dynamic capabilities: evidence from the Indian pharmaceutical industry

Author
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Abstract
This paper examines heterogeneity in the response of Indian firms to the emergence of a new disruptive market segment - biosimilars. Using the novel analytical tool of a technology- market capability matrix we show that path dependency and managerial vision are key drivers of heterogeneity in the reconfiguration processes and strategies employed by incumbent firms to compete in a new disruptive market. Analysis reveals that entry into international markets and accessing external sources of knowledge formed core elements of experimentation with strategy.
Year of Publication
2015
Conference Name
DRUID15 Conference on the Relevance of Innovation
Number of Pages
URL
http://druid8.sit.aau.dk/acc_papers/s2roq4v7f5beejep19n27u4amk5d.pdf