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Business Strategies and University-Pharmaceutical Industry Collaboration

dc.contributor.authorSantos, Eleonora
dc.contributor.authorMoreira, Jacinta
dc.contributor.authorCastanho, Rui Alexandre
dc.date.accessioned2024-01-11T15:15:39Z
dc.date.available2024-01-11T15:15:39Z
dc.date.issued2023
dc.descriptionAcknowledgements This research was financed by National Funds of the FCT—Portuguese Foundation for Science and Technology within the project UIDB/04928/2020 and under the Scientific Employment Stimulus—Institutional Call CEECINST/00051/2018.pt_PT
dc.description.abstractThe literature provides plenty of evidence that innovation is a key driver of corporate competitiveness. However, R&D involves many financial resources. Thus, a way to overcome firms’ financial constraints is to form partnerships and collaborations with universities, usually funded by public capital, to achieve strategic corporate objectives. Therefore, and considering that the pharmaceutical industry is the one that most depends on the results of R&D, this article is a case study of how a pharmaceutical company in the Centro region of Portugal, where there is already a health cluster, incorporated the collaboration with the university in its long-term business strategy. We employ a narrative analysis of the media news, to show the management capacity in dealing with numerous and continuous challenges of the present context to continue pursuing the company’s long-term goals. The results show that the corporate strategy is based on two main aspects, on the one hand, collaboration with the university aiming at technological differentiation and, on the other, on the flexibility of production to achieve long term growth. Our contribution to the literature on the subject is twofold. First, we introduce the specific case of the pharmaceutical industry and argue that geographical distance is important to establish collaborations with academia due to the nature of the research (human health) that relies greatly in labs with human experiments. Second, we identify and highlight the role of Innovation prizes and publishing agreements as part of a strategy to attract talents and gain access to innovation, and to retain and increase the number of customers, as well as to improve the company's notoriety and reputation.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSantos, E., Moreira, J., Castanho, R.A. (2023). Business Strategies and University-Pharmaceutical Industry Collaboration. In: Mesquita, A., Abreu, A., Carvalho, J.V., de Mello, C.H.P. (eds) Perspectives and Trends in Education and Technology . Smart Innovation, Systems and Technologies, vol 320. Springer, Singapore. https://doi.org/10.1007/978-981-19-6585-2_2pt_PT
dc.identifier.doihttps://doi.org/10.1007/978-981-19-6585-2_2pt_PT
dc.identifier.isbn978-981-19-6585-2
dc.identifier.isbn978-981-19-6584-5
dc.identifier.urihttp://hdl.handle.net/10400.8/9245
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringerpt_PT
dc.relationCentre of Applied Research in Management and Economics
dc.relation.publisherversionhttps://link.springer.com/chapter/10.1007/978-981-19-6585-2_2pt_PT
dc.subjectUniversity-industry collaborationpt_PT
dc.subjectInnovationpt_PT
dc.subjectBusiness strategiespt_PT
dc.subjectPharmaceutical industrypt_PT
dc.subjectCorporate performancept_PT
dc.titleBusiness Strategies and University-Pharmaceutical Industry Collaborationpt_PT
dc.typebook part
dspace.entity.typePublication
oaire.awardTitleCentre of Applied Research in Management and Economics
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04928%2F2020/PT
oaire.citation.endPage27pt_PT
oaire.citation.startPage13pt_PT
oaire.citation.titlePerspectives and Trends in Education and Technologypt_PT
oaire.citation.volume320pt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameSantos
person.givenNameEleonora
person.identifier.ciencia-id321B-D068-1CB4
person.identifier.orcid0000-0003-4693-0804
person.identifier.scopus-author-id56903606100
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsclosedAccesspt_PT
rcaap.typebookPartpt_PT
relation.isAuthorOfPublication68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isAuthorOfPublication.latestForDiscovery68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isProjectOfPublication4c5aa29d-4b03-4713-8f40-08b3bbfd88d7
relation.isProjectOfPublication.latestForDiscovery4c5aa29d-4b03-4713-8f40-08b3bbfd88d7

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