Innovation and Industrial Leadership

Bioscience is a critical innovation driver across many economic sectors and a key bell -wether of European, North American and Asian competitiveness in a rapidly globalizing economy. In this volume two leading scholars examine the competitive position and performance of pharmaceutical companies and industries in Europe, North America and Japan, as well as China, India, and other emergent economies.

Innovation and Industrial Leadership: Lessons from Pharmaceuticals is the most comprehensive and up-to-date analysis available of the global pharmaceutical industry. Pammolli and Riccaboni explain the strengths and weaknesses of the pharmaceutical markets in major global markets. They esamine market share and market size, compare employment and productivity levels, look at innovation trends and the international migration of talent, and examine the globalization strategies leading companies and nations.

Pammolli and Riccaboni compare U.S. and European innovation systems and trace how China and India are accumulating scientific and technological capabilities in the life sciences and in pharmaceuticals.

The results are sobering for Europe. Although European companies still have a solid overall position in pharmaceuticals and some EU countries are performing well, Europe is lagging behind the U.S. in its ability to generate, organize, and sustain innovation processes in pharmaceuticals and resulting productivity growth. Moreover, European industry risks being displaced in the long run by economies with skilled human capital, low labor costs, and great growth potential in terms of both market size and human capital accumulation. Pammolli and Riccaboni advance a concrete agenda of action so Europe can regain competitiveness in pharmaceuticals, and call for renewed transatlantic dialogue on the political economy of the pharmaceutical industry, on trade policy and protection of intellectual property rights.

Per maggiori informazioni sul volume: http://www.brookings.edu/press/
books/2008/innovationandindustrialleadership.aspx