Externalization of Core Activities and their Geographical Coverage: In-House versus Offshoring versus Outsourcing of Clinical TrialsFebruary 17, 20109:30am-11:30am; RBS-Newark, 1 Washington Park, Newark, NJ 07102
Hosted by the Rutgers Business School’s Blanche and Irwin Lerner Center for Pharmaceutical Management StudiesSpeaker:Pooja Thakur, Doctoral Student, International Business at Rutgers Business SchoolThis research measures the spread of core activities of the pharmaceutical industry and examines the determinants of this spread. Specifically, we look at what factors influence the decision to relocate the clinical trials both organizationally (in house versus external vendors) and geographically (trials conducted in home nation versus trials in foreign countries). The research adopts a multi-level approach and focus on determinants at the country and firm level. The determinants are drawn from various international business theories such as Eclectic paradigm, neo-institutional theory, organization ecology, and resource based view. The research also examines the impact of offshoring and outsourcing on the performance of clinical trials. The study focuses on the period 1997-2005 and analyzes data on clinical trials from 98 firms in the pharmaceutical industry. Performance is measured at the project level as the duration and cost of the study. The research addresses the gap in the literature on corporate R&D which has traditionally focused solely on either internationalization or externalization strategies. Admission:Open to the Public, but all attendees must RSVP$210 for Rutgers Alumni, and sponsoring companies BMS, Eisai, J&J, Merck, Novartis, Roche, Schering-Plough, and their subsidiaries and current members of BioNJ; $250 general public (includes seminar fee & materials, breakfast, and on-campus parking). Free for Rutgers University Faculty, Students, and Staff.Advance registration required: icastillo@business.rutgers.edu, 973-353-1016To learn more about the Lerner Center, visit our web-site: www.business.rutgers.edu/lerner About Pooja Thakur:Pooja Thakur is a fifth year doctoral student in International Business at Rutgers University. She is currently working towards her dissertation on the externalization of core activities and their geographic coverage. She is specifically looking at the outsourcing and offshoring of clinical trials in the pharmaceutical industry. She received the Promising Dissertation Proposal award at the International Management Division of Academy of Management and the Best Doctoral Proposal Thesis Award at the European International Business Academy. She was also the second place runner up for Best Dissertation Proposal at the third annual PhD Consortium at Texas A&M International University. She has presented her work at numerous conferences including the Academy of International Business (AIB), and European International Business Academy (EIBA) annual conferences. She has a recent publication in the International Journal of Human Resource Management and also has a few papers under review at reputed journals. Her research interests focus on outsourcing, cross border M&As, and subsidiary performance. She has also taught international business and business policy and strategy to undergraduate students at the Rutgers Business School. www.business.rutgers.edu/lerner
Contact:973-353-1016, icastillo@business.rutgers.edu