Innovation Work in a Major Pharmaceutical Company

Alexander Styhre and Mats Sundgren

Chapter 3 in Venturing into the Bioeconomy, 2011, pp 100-151 from Palgrave Macmillan

Abstract: Abstract The principal sites for the previous bioeconomic regimes have been medical schools at research universities and pharmaceutical companies. The relationship between these two institutional settings has been intimate and complex, adhering to different institutional pressures and standards; universities have benefited from the funding of basic and applied research provided by the pharmaceutical industry, while the pharmaceutical industry has turned to universities for advice and help and as the principal site for recruitment (Swann, 1988). For some policymakers, the two spheres should preferably be kept apart, but, in practice and on a societal level, the flow back and forth of financial resources and knowledge has been beneficial for the growth of know-how in the biomedical domain. This does not make the relationship between universities and pharmaceutical companies uncomplicated or devoid of practical concerns. On the contrary, in the contemporary bioeconomy, biological know-how, tissue and other material resources accrue extensive economic value and consequently (as suggested in the last chapter) the relationship between the context of discovery and the context of application is becoming more problematic.

Keywords: Drug Development; Synthesis Chemist; Candidate Drug; Stem Cell Research; Professional Identity (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29943-6_4

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DOI: 10.1057/9780230299436_4

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