The Decline of Innovation in the Antibiotics Industry and the Global Threat of Antibiotic Resistance: When Entrepreneurial Efforts are Not Enough

Francesco Ciabuschi () and Olof Lindahl ()
Additional contact information
Francesco Ciabuschi: Uppsala University
Olof Lindahl: Uppsala University

A chapter in Entrepreneurship and the Industry Life Cycle, 2018, pp 205-229 from Springer

Abstract: Abstract In this chapter we intend to analyze the worrisome case of the antibiotics industry, as the number of active firms, innovation output and profitability has constantly declined in the last years. With a focus on factors influencing the Entrepreneurial Orientation of firms in this industry, we analyze a number of challenges and environmental contingencies unique to antibiotic innovation and entrepreneurial activity, and discuss currently debated public policy interventions intended to reinvigorate the industry. In doing so we discuss the possibility of enhancing entrepreneurial orientation by acting on the performance side through targeted public interventions such as research grants and market entry rewards. This chapter contributes to innovation and entrepreneurship literature by presenting a unique case of a declining industry, the antibiotics field, which requires public intervention to revive and meet global societal needs to face the threat of antibiotic resistance. This industry-based case analysis presents a number of interesting implications for theory on Entrepreneurial Orientation that also allows the outlining of several avenues for future research.

Keywords: Innovation; Entrepreneurial orientation; Public intervention; Antibiotics industry (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:seschp:978-3-319-89336-5_9

Ordering information: This item can be ordered from
http://www.springer.com/9783319893365

DOI: 10.1007/978-3-319-89336-5_9

Access Statistics for this chapter

More chapters in Studies on Entrepreneurship, Structural Change and Industrial Dynamics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().