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Responding to a Potentially Disruptive Technology: How Big Pharma Embraced Biotechnology

机译:应对潜在破坏性技术:大型制药公司如何拥抱生物技术

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How do incumbent firms respond over time to a potentially disruptive technology? This article documents the strategies of 12 large pharmaceutical firms over 25 years as they addressed the opportunity/threat of biotechnology. All showed awareness of biotechnology’s potential, but their response profiles varied dramatically in terms of timing (early/late) and focus (external/internal). Late movers mostly made large acquisitions to “catch up,” but early movers maintained their lead in terms of biotechnology-based drug sales and profitability, and those with a more “open” response profile performed better. This response involves a three-step process: building awareness (sensing), building capability (responding), and building commitment (scaling).
机译:随着时间的推移,老牌企业如何应对潜在的破坏性技术?本文记录了12家大型制药公司在25年内应对生物技术的机遇/威胁的战略。所有人都对生物技术的潜力有所了解,但是他们的反应方式在时间(早/晚)和关注(外部/内部)方面差异很大。后进者大多进行大型收购以“追赶”,但早进者在基于生物技术的药品销售和盈利能力方面保持领先地位,而响应方式更“开放”的企业则表现更好。该响应包括三个步骤:建立意识(感知),建立能力(响应)和建立承诺(扩展)。

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