Presentation
Innovation Through Acquisition: A Multi-Agent Simulation of the Pharmaceutical Supply Chain
Production and Operations Management Society Annual Meeting
(2014)
Abstract
Pharmaceutical firms have increasingly used acquisition to buttress internal product development efforts. Using a multi-agent simulation of the pharmaceutical industry we gauge the effectiveness of acquisition to improve product pipeline and financial performance. We find significant positive effects on short term performance while long term effects are less certain.
Keywords
- Pharmaceutical,
- Internal product development,
- Multi-agent simulation,
- Product pipeline,
- Financial performance
Disciplines
Publication Date
May, 2014
Location
Atlanta, GA
Citation Information
Christian L. Rossetti and Michael Stanko. "Innovation Through Acquisition: A Multi-Agent Simulation of the Pharmaceutical Supply Chain" Production and Operations Management Society Annual Meeting (2014) Available at: http://works.bepress.com/christian_l_rossetti/8/