Author(s)
Term
4. term
Publication year
2016
Submitted on
2016-06-08
Pages
115 pages
Abstract
Abstract The main objective of this master thesis is to investigate how changes in the IPR environment in the Indian pharmaceutical sector affect the business models of multinational firms. The students take also into consideration the fundamental problem of social welfare versus innovator's incentives. To answer the problem formulation, a theoretical framework interlinking concepts such as Innovation System (IS) (more precisely the notion of National Innovation System (NIS) and Sectoral System of Innovation (SSI), Intellectual Property Rights (IPR), Open Innovation (OI) and Business Models (BM) is developed. Three cases that concerns MNEs` losses on patent cases in the Indian pharmaceutical sector are analysed. The master thesis uses Yin`s single embedded case study methodological approach. The main findings of the study work underpin that changes in the IPR environment in India affect differently the business model of foreign and domestic MNEs. The key implication of the thesis is that developing countries should educe their institutional environment (as the Indian case) in order to comply with the global IPR regulations, but not on the expense of their own economic and social interest. To improve the reliability of the research, there is a need for investigating more case studies from the developing countries, which concerns this master thesis. Future research could focus on developing new business models in the pharmaceutical sector which aims to solve the fundamental question: social welfare versus inventor's incentive.
Keywords
Documents
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