The location of corporate research and innovative productivity in the US pharmaceutical industry
by Laura B. Cardinal, Donald E. Hatfield
International Journal of Healthcare Technology and Management (IJHTM), Vol. 2, No. 5/6, 2000

Abstract: In an exploratory study, we investigate the criticism directed towards diversification by testing whether having a corporate research laboratory helps firms overcome potential dissynergy problems within a diversified setting in the pharmaceutical industry. We find that a separate corporate research laboratory does in fact enhance innovative productivity of diversified firms.

Online publication date: Mon, 30-Jun-2003

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