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Innovation,competition and regulatory change: Assessing interrelationships at the industry level
Authors:Felicia M Fai  Eleanor J Morgan
Affiliation:(1) International Business, School of Management, University of Bath, Bath, UK;(2) Business Economics, School of Management, University of Bath, Bath, UK
Abstract:Abstract and Key Results
•  This paper focuses on the overall themes of the issue to examine the interrelationships between innovation, competition and regulatory change in international business.
•  It provides a synthesis by highlighting recent interlinked developments in two contrasting industries dominated by large multinationals — pharmaceuticals and automotives, with specific reference to cars.
•  This industry based assessment highlights the technical, economic and regulatory forces that have together changed the business environment, innovation processes and nature of competition in the pharmaceutical and automotive industries.
Keywords:Innovation  Competition  Regulation  Pharmaceuticals  Automotives
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