Title: The location of corporate research and innovative productivity in the US pharmaceutical industry
Authors: Laura B. Cardinal, Donald E. Hatfield
Addresses: Kenan-Flagler Business School, McColl Building, CB 3490, The University of North Carolina, Chapel Hill, NC 27599-3490, USA. Pamplin College of Business, Virginia Polytechnic Institute and State University, Blacksburg, VA 24061-0233, USA
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.
Keywords: corporate research; innovation; geography; pharmaceutical industry.
DOI: 10.1504/IJHTM.2000.001100
International Journal of Healthcare Technology and Management, 2000 Vol.2 No.5/6, pp.576-590
Published online: 30 Jun 2003 *
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