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Abstract
This research seeks to evaluate the efficacy and efficiency of clinical-trial strategic partnerships by examining their connections to the country's regulatory agencies. The country's formal institutions, i.e. its defined norms, are what ultimately govern the behaviour of social actors. A strategic alliance is a voluntary, long-term cooperation arrangement between two or more independent businesses with complementary strengths and objectives in order to gain a market advantage. Organizational effectiveness and efficiency are reflected in the performance of clinical-trial strategic alliances, which are structured according to the contractual relationship and the relational capabilities of the parties to overcome challenges in the partnership's activities and ensure intercompany cooperation. This research built on a previous critical literature assessment by proposing new hypotheses on the connections between national regulatory bodies and international partnerships for testing experimental pharmaceuticals in humans.
Published Version
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