A period study of short-term performance pressures: Case of the British Biotechnology industry
Dr. Angathevar Baskaran
Dr. Jatin Pancholi
Since early 1990s, a number of studies argued that short-term performance pressures have deterred firms from investing in R&D, innovation, and training. Nearly all these studies focused on the failure of firms to invest substantially in long-term assets such as R&D. In contrast this paper focuses on the experiences of R&D intensive firms. This paper is a study of short-term performance pressures on selected biotechnology firms in the UK.