Examines the relationship between science and innovation in industry, looking particularly at the pharmaceutical industry.This book deals with an increasingly important phenomenon for competitveness and innovation in industry: namely, the growing use of basic scientific principles in industrial research. It focuses on the pharmaceutical industry, and discusses how recent significant developments in molecular biology and genetic engineering are influencing the strategies of drug companies, their organisation of internal research, their relationships with scientific institutions, the market structure of the industry, and the productivity of drug research.This book deals with an increasingly important phenomenon for competitveness and innovation in industry: namely, the growing use of basic scientific principles in industrial research. It focuses on the pharmaceutical industry, and discusses how recent significant developments in molecular biology and genetic engineering are influencing the strategies of drug companies, their organisation of internal research, their relationships with scientific institutions, the market structure of the industry, and the productivity of drug research.This book deals with an increasingly important phenomenon for competitiveness and innovation in industry: namely, the growing use of basic scientific principles in industrial research. It focuses on the pharmaceutical industry, and discusses how recent significant developments in molecular biology and genetic engineering are influencing the strategies of drug companies, their organization of internal research, their relationships with scientific institutions, the market structure of the industry, and the productivity of drug research.List of figures; List of tables; Preface; List of abbreviations; 1. Introduction; 2. Science and innovation in pharmaceutical research; 3. Economic implications of greater scientific intensity in drug research; 4. In-house scientific research and innovation: cl“!