From Invention to Innovation: A Multi-Study Investigation of Firm Strategy and Outcomes in Clinical Trials

Sarath Balachandran, London Business School; Harbir Singh, Management, The Wharton School; John Eklund, USC Marshall; and Charu Gupta, Health Care Management, The Wharton School

Abstract: The translation of invention to innovation is a topic that has received significant research attention in recent times. Scholars have recognized that our understanding of the factors that shape whether and when innovative technologies arise and transform industries cannot be complete without comprehending how scientific or technological discovery evolves into commercial adoption. In this proposal, we outline three studies that contribute towards improving our understanding of the journey from invention to innovation in the pharmaceutical industry.