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

Kale, D   Huzair, F

DRUID15 Conference on ‘The Relevance of Innovation’

Rome, Italy

June 15 – 17 2015

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.
Draft of the presentation paper and conference programme available here.
Conference webpage here.