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Modernising the business of health: pharmaceuticals in Britain, in comparison with Germany and the United States, 1890-1940

Liebenau, Jonathan (2013) Modernising the business of health: pharmaceuticals in Britain, in comparison with Germany and the United States, 1890-1940. Industrial and Corporate Change, 22 (3). pp. 807-847. ISSN 0960-6491

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Abstract

The pharmaceutical industry adopted technology in markedly different ways in Germany, the United States, and Britain. During the early 20th century, useful knowledge became a commercial asset, but British intellectual property and drug regulation laws created neither pressures nor rewards for growth. Key differences emerged in the ways in which intellectual property was used, in the development of testing and standardization, and in the links between researchers and industry. We show how firms sought to control the new knowledge assets that built the business of health. This also helps to explain the choices made in the three countries as to what forms of investments best further industry goals.

Item Type: Article
Official URL: http://icc.oxfordjournals.org/
Additional Information: © 2013 The Author
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
R Medicine > RS Pharmacy and materia medica
Journal of Economic Literature Classification System: N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services > N70 - General, International, or Comparative
N - Economic History > N8 - Micro-Business History > N83 - Europe: Pre-1913
N - Economic History > N8 - Micro-Business History > N84 - Europe: 1913-
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O31 - Innovation and Invention: Processes and Incentives
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O32 - Management of Technological Innovation and R&D
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O34 - Intellectual Property Rights: National and International Issues
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O38 - Government Policy
Sets: Departments > Management
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 22 May 2013 13:48
URL: http://eprints.lse.ac.uk/47988/

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