This paper examines the strategic response of the Indian pharmaceutical industry to the dual institutional changes arising from economic liberalization of the Indian economy and the WTO mandated intellectual property regime. An analysis of the relative position and growth of Indian firms...

Longitudinal data are used to examine how knowledgeshapes the innovative environment of an entering firm and to determine howdifferent environments affect entrant survival. After a review of relevantliterature, it is hypothesized that entrants with a knowledge advantage and ahigh number of...