Remove Business Model Remove Conflict of Interest Remove Ethics Remove Innovation
article thumbnail

William Miller on Business Model Innovation

Rajesh Setty

I have known Dr. William Miller (co-founder of Value Centered Innovation ) for a number of years and every conversation with him on business model innovation and beyond has been delightful and insightful. RS: Is the main purpose of a business model to define how the company will make money?

article thumbnail

Big Pharma's Hidden Business Model and How Your Company Funds It

Harvard Business Review

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients. At Harvard's Edmond J.

article thumbnail

How Pharma Can Fix Its Reputation and Its Business at the Same Time

Harvard Business Review

The business model of research-based pharmaceutical companies is under significant pressure. One antidote to these problems is to transform “access to medicine” from a relentless activist slogan to a fully-fledged business strategy. Enhance corporate reputations.