4. Improving R&D Productivity: Contract Research and Discovery Collaborations with the New Players As Solutions
“Innovation in the West has simply become unaffordable.”
—Kiran Mazumdar-Shaw CEO, Biocon, India, in an interview about the biopharma industry1
The Brain Race Goes Global
Human history has always revolved around a race to develop better ways of doing things. Economic history shows a connection between a nation’s ability to innovate and its wealth and power. In the sixteenth century, Italy was the wealthiest country in Europe and also the home of amazing innovations in architecture, art, and trade. In the next century, the Netherlands, assumed leadership in wealth development with its inventions in finance, shipping, and civic government. ...