Search

Abstract: * Using the resource-based view, this paper links the degree of interdependence that exists between subsidiaries of multinational corporations (MNCs) to the use of various International Human Resource Management [...]

OVERVIEW: R&D spin-outs offer pharmaceutical companies an increasingly attractive mechanism for increasing the effectiveness of R&D activities by allowing companies to maintain a clear focus on core activities and yet still exploit discoveries that are less central to the core business. This study analyzed 42 European R&D spin-outs with regard to background, realization, and further development. Interviews were conducted with key personnel in both parent companies and spinouts to explore the underlying strategy and success factors. Key aspects of successful spin-outs are a clear focus on core activities and a cadre of highly motivated employees. The use of spin-outs has resulted in increased activity along the entire pharmaceutical value chain, producing an increase in drugs introduced to the market in recent years. However, spin-outs are also responsible for the disintegration of established value chains, resulting in higher coordination and transaction costs. Spin-outs offer managers a potential option to refocus their activities and reduce costs. The successful examples and potential pitfalls offered here illustrate best practices for managing spin-outs to maximize R&D productivity. KEYWORDS: Spin-outs, Pharmaceutical industry, Outsourcing, Spin-offs, Drug discovery and development, The number of corporate R&D spin-outs in the pharmaceutical industry has increased significantly in recent years (Ramirez and Duberley 2010; Chemmanur and Yan 2004; Dewdney and Smith 1998). This may [...]

Abstract: * This paper develops and tests a model that explains how the quality, quantity and timing of knowledge flows from headquarters influence subsidiary performance. It extends recent research on [...]

Abstract In today's challenging economy, organizations that optimize knowledge management--a key success factor--are leaders in their field. As a strategic business partner, HR plays an important role in fostering a [...]

Several studies over the past two decades have presented varying degrees of evidence that an increased motive to serve the public good is prevalent in the public sector workforce. A widely accepted and measurable construct for public service motivation could have ramifications for public personnel managers in a number of key areas. This paper reviews the current literature on public service motivation (PSM) theory and examines how this desire to make a difference might e harnessed as a motivational force for human resource managers. The prevalence of PSM in the nonprofit sector is also explored as a means of broadening the current public-private dichotomy., The concept a of public service ethic raises some interesting questions for human resource management. Is there something not only identifiable but also quantifiable that attracts certain individuals to the [...]

Success Through a Quality-Based Sales Incentive Program Most companies that sell personal computers and other 'high tech' products pay commissions or bonuses to their salespeople based on either gross sales [...]

Byline: SAMANTHA OLLER Senior associate editor | soller@primediabusiness.com In a scene from the 1999 movie, 'Office Space,' jaded employees gather together for a company meeting called by their office manager. [...]

At first blush, Mike Weinbach and Justin Sewell seem to have a lot in common. Mike is 27 and Justin is 29. Both run successful dot-coms, in Boston and Austin, [...]