Emergence of biopharmaceutical innovators in China, India, Brazil, and South Africa as global competitors and collaborators

Biopharmaceutical innovation has had a profound health and economic impact globally. Developed countries have
traditionally been the source of most innovations as well as the destination for the resulting economic and health
benefits. As a result, most prior research on this sector has focused on developed countries. This paper seeks to fill
the gap in research on emerging markets by analyzing factors that influence innovative activity in the indigenous
biopharmaceutical sectors of China, India, Brazil, and South Africa. Using qualitative research methodologies, this
paper a) shows how biopharmaceutical innovation is taking place within the entrepreneurial sectors of these
emerging markets, b) identifies common challenges that indigenous entrepreneurs face, c) highlights the key role
played by the state, and d) reveals that the transition to innovation by companies in the emerging markets is
characterized by increased global integration. It suggests that biopharmaceutical innovators in emerging markets
are capitalizing on opportunities to participate in the drug development value chain and thus developing
capabilities and relationships for competing globally both with and against established companies headquartered
in developed countries.

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