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> Merck (in 2009): Open for Innovation?

商品編號: MH0009
出版日期: 2012/01/06
作者姓名:
Horbaczewski, Alicia;Rothaermel, Frank T.
商品類別: Other
商品規格: 27p

再版日期:
地域: United States
產業: Manufacturing
個案年度: -  

 


商品敘述:

The pharmaceutical industry faces the threat of patent expirations, diminishing new drug breakthroughs, adverse regulatory laws, increasing competition, and a harsh economic climate. Merck & Company felt these mounting pressures and had become increasingly reliant on blockbuster drugs. With its new drug pipeline running dry, Merck accepted that the biotech industry is too complicated for it to navigate alone. As it stood, it was producing only 1% of the biomedical research in the world. Thousands of new ideas were emerging around the world, both inside and outside of the company. An open innovation strategy would allow the company to source new ideas externally and at a faster rate. This came with many risks including the reduced competitive advantage of protected intellectual property. While Merck had been moving toward an open innovation strategy, its history of internal research and development had created a culture resilient to working externally. Should Merck pursue an open innovation strategy? If so, how?


涵蓋領域:

Health care;Mergers & acquisitions;Entrepreneurship;Innovation;Technology;Corporate strategy


相關資料:

Case Teaching Note, (MH009T), 19p, by Alicia Horbaczewski, Frank T. Rothaermel