An empirical analysis of aftermarket transactions by hospitals.

Almost all U.S. hospitals procure their equipment through group purchasing organizations ("GPOs").

The case for entrepreneurship in R&D in the pharmaceutical industry.

A lack of entrepreneurial behaviour has often been highlighted as a contributor to the decline in the research and development (R&D) productivity of the pharmaceutical industry. Here, we present an assessment of entrepreneurship in the industry, based on interviews with 26 former and current leaders of R&D departments at major pharmaceutical and biotechnology companies. Factors are highlighted that could be important in promoting entrepreneurial behaviour, which might serve as a catalyst for revitalizing R&D productivity.