A short quiz:
· What is the average time it takes to develop a new vaccine from scratch?
Anything between 10 and 15 years.
. What was the development time for Covid-19 vaccines?
A little under a year
Any guesses how that was possible? The speed at which the vaccines for Covid-19 were developed owes much to information-sharing and collaboration among scientists, universities, biotech firms and pharmaceutical corporations. “It’s the positive side of rivalry that can sometimes deliver a compelling advantage,” says Monesh Dange, consulting markets leader, EY India.
More than 30 years after Harvard Business Review (“Collaborate with your

)