Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks

As pharmaceutical firms try to market their products and reduce costs, vertically integrated structures hamper innovation processes. Yet, pharmaceutical firms must innovate to compete. Outsourcing knowledge intensive activities to knowledge process organizations (KPOs) serves to reduce innovation pr...

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Main Authors: Gupta, S., Woodside, Arch, Dubelaar, C., Bradmore, D.
Format: Journal Article
Published: Elsevier Inc. 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/16493
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author Gupta, S.
Woodside, Arch
Dubelaar, C.
Bradmore, D.
author_facet Gupta, S.
Woodside, Arch
Dubelaar, C.
Bradmore, D.
author_sort Gupta, S.
building Curtin Institutional Repository
collection Online Access
description As pharmaceutical firms try to market their products and reduce costs, vertically integrated structures hamper innovation processes. Yet, pharmaceutical firms must innovate to compete. Outsourcing knowledge intensive activities to knowledge process organizations (KPOs) serves to reduce innovation process obstacles. Grounded in diffusion theory and strategic management literature, this conceptual paper explores four interrelated strategic concepts: core competencies, economies of scale and scope, knowledge sharing, and learning. This paper claims that (a) accumulated core competencies of multinational pharmaceutical companies (MPCs) erode over time and these companies become dependent on KPOs (b) MPCs must understand how KPOs manage core competencies (c) economies of scope benefit KPOs enabling them to sustain competitive advantages for their MPC partners, meanwhile the benefits from economies of both scale and scope shift from MPCs to KPOs (d) KPOs need to monitor their rate of learning to remain competitive. The paper identifies implications for industrial managers and directions for future research.
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spelling curtin-20.500.11937-164932017-09-13T15:44:33Z Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks Gupta, S. Woodside, Arch Dubelaar, C. Bradmore, D. Pharmaceutical Outsourcing Networks Knowledge Industry As pharmaceutical firms try to market their products and reduce costs, vertically integrated structures hamper innovation processes. Yet, pharmaceutical firms must innovate to compete. Outsourcing knowledge intensive activities to knowledge process organizations (KPOs) serves to reduce innovation process obstacles. Grounded in diffusion theory and strategic management literature, this conceptual paper explores four interrelated strategic concepts: core competencies, economies of scale and scope, knowledge sharing, and learning. This paper claims that (a) accumulated core competencies of multinational pharmaceutical companies (MPCs) erode over time and these companies become dependent on KPOs (b) MPCs must understand how KPOs manage core competencies (c) economies of scope benefit KPOs enabling them to sustain competitive advantages for their MPC partners, meanwhile the benefits from economies of both scale and scope shift from MPCs to KPOs (d) KPOs need to monitor their rate of learning to remain competitive. The paper identifies implications for industrial managers and directions for future research. 2009 Journal Article http://hdl.handle.net/20.500.11937/16493 10.1016/j.indmarman.2008.12.010 Elsevier Inc. restricted
spellingShingle Pharmaceutical
Outsourcing
Networks
Knowledge
Industry
Gupta, S.
Woodside, Arch
Dubelaar, C.
Bradmore, D.
Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title_full Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title_fullStr Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title_full_unstemmed Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title_short Diffusing knowledge-based core competencies for leveraging innovation strategies: Modelling outsourcing to knowledge process organizations (KPOs) in pharmaceutical networks
title_sort diffusing knowledge-based core competencies for leveraging innovation strategies: modelling outsourcing to knowledge process organizations (kpos) in pharmaceutical networks
topic Pharmaceutical
Outsourcing
Networks
Knowledge
Industry
url http://hdl.handle.net/20.500.11937/16493