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In search of missing hand of 'state': the case of the Indian medical device industry

Kale, Dinar (2011). In search of missing hand of 'state': the case of the Indian medical device industry. In: The 9th GLOBELICS (Global Network for the Economics of Learning, Innovation, and Competence Building Systems) International Conference: Creativity, innovation and Economic Development, 15-17 Nov 2011, Buenos Aires, Argentina.

URL: http://www.globelics.ungs.edu.ar/
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Abstract

Over the last decade the Indian pharmaceutical industry has emerged as a leading supplier of generic drugs to both developing and developed countries, while the biotechnology industry made the country self-sufficient in vaccine needs. The movement of the Indian pharmaceutical industry along the R&D value chain represents a remarkable shift from public sector driven to private sector oriented innovation. The Indian industry moved from being an importer of drugs to imitator of drugs and a major supplier of medicines to other developing and advanced countries. The Indian government’s industrial policies and adoption of a weak regulatory system played a crucial role in shaping development of innovation capability. However, compared to the success of the pharmaceutical and biotechnology industry, other crucial sectors in healthcare industry such as the medical device industry have not witnessed similar growth. This paper studies factors that supported growth of the pharmaceutical industry and issues that hampered development of the medical device industry in India.

Item Type: Conference or Workshop Item
Copyright Holders: 2011 The Author
Keywords: medical device industry; user innovation; health policy; pharmaceutical industry; India; bioetchnology industry
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Politics, Philosophy, Economics, Development, Geography > Development
Faculty of Arts and Social Sciences (FASS) > Politics, Philosophy, Economics, Development, Geography
Faculty of Arts and Social Sciences (FASS)
Research Group: Innovation, Knowledge & Development research centre (IKD)
Institute for Innovation Generation in the Life Sciences (Innogen)
Related URLs:
Item ID: 30553
Depositing User: Dinar Kale
Date Deposited: 05 Jan 2012 12:27
Last Modified: 13 Feb 2019 08:29
URI: http://oro.open.ac.uk/id/eprint/30553
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