6533b86dfe1ef96bd12c90cb

RESEARCH PRODUCT

An Open Innovation Decision Support System to Select a Biopharmaceutical R&D Portfolio

Giovanna Lo NigroAzzurra MorrealeLorenzo Abbate

subject

D PortfolioDSS Open Innovation Biopharmaceutical R&ampSettore ING-IND/35 - Ingegneria Economico-Gestionale

description

Drugs available in the market today, selected several years ago under very uncertain future scenario, have experienced a long and expensive process of research and development carried out following both a closed and an open innovation path. To support this critical selection process, we propose a Decision Support System, able to choose among different candidates the most promising drugs along their best development path. The Decision Support System, based on a real options portfolio optimization model, mapping tools, and what-if rules as well, has been applied to a numerical example available in literature, and the research findings show interesting managerial and academic implications

yearjournalcountryeditionlanguage
2016-01-01
10.1002/mde.2727http://hdl.handle.net/10447/168180