Harvard Business Review

SEPTEMBER 15, 2011

What they found is that America's patent system only provides positive incentives for innovation in two industries: pharmaceuticals and chemicals. The value that a patent confers on its owner is outweighed by the cost of obtaining, asserting, and defending that patent for almost all American companies.

Innovation 12

Innovation Chemicals Incentives Pharmaceuticals 12

Harvard Business Review

AUGUST 3, 2012

Their reliance on alliances and licenses has increased in both product development and marketing and they have become aggressive acquirers. So far have they moved, in fact, that they sometimes sound as if they have altogether abandoned their commitment to internal development. As yet, the facts don't seem to substantiate the fears.

Licensing 13

Licensing Depreciation Pharmaceuticals Budgeting 13

Harvard Business Review

APRIL 22, 2013

Most of us think of biotech as the province of multinational pharmaceutical corporations and well-funded ventures, but the founders of BioCurious believe (as they say in their mission statement) "that innovations in biology should be accessible, affordable, and open to everyone." Socialize your underused assets.

Mission Statement 9

Mission Statement Class Learning-by-Doing Pharmaceuticals 9

Harvard Business Review

SEPTEMBER 21, 2015

Terry, a highly regarded marketing associate in a pharmaceutical firm, had just been asked to lead a marketing team. They just weren’t putting together a high-quality product. Not long ago, I worked with a client who was stepping into management for the first time.

Management 8

Management Pharmaceuticals Learning-by-Doing Marketing 8

Harvard Business Review

JUNE 3, 2016

Quite simply, adding technology does not automatically confer expected benefits; these benefits have to be unlocked and this can only happen through achieving organizational changes. To address this problem, this retailer planned to tag products at the item level. Consider an IT investment that one European retailer was pondering.

Tools 8

Tools Supply Chain CRM Technology 8

Harvard Business Review

JANUARY 5, 2018

The chief marketing officers at consumer products companies, the heads of design at luxury apparel companies, and the heads of logistics at large retailers are cases in point. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency.

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

SEPTEMBER 7, 2015

Hiring policies influence morale, productivity and turnover, marketing efforts shape demand growth, and competitors fight back. How would a pharmaceutical company react, for example, when a new innovation disrupts the industry’s cost structure? Games can be rolled out easily to many managers.

Seminar 8

Seminar Learning Curve Strategy Comparison 8

Harvard Business Review

APRIL 22, 2013

Time-shifting and replacing : Work remotely or during different times to increase efficiency and improve productivity. I feel more productive, motivated, and focused as a result of this experiment. Example: Stay at work later on Tuesday and get in earlier on Thursday, or work on Saturday instead of Monday.

Delegation 9

Delegation Commitment Learning-by-Doing Bottom-up 9

Harvard Business Review

APRIL 19, 2016

So for companies looking to create revolutionary products, identifying and accessing cutting edge, exploratory research is a key competitive advantage. As Bush wrote in 1945: “New products and new processes do not appear full-grown. In the pharmaceutical industry, the monitoring process can be incredibly elaborate.

Innovation 8

Innovation Company Competitive Advantage Venture Funding 8