[article]
Titre : |
Productivity and technical changes in the Indian pharmaceutical industry |
Type de document : |
texte imprimé |
Auteurs : |
H. Saranga, Auteur ; R. D. Banker, Auteur |
Année de publication : |
2011 |
Article en page(s) : |
pp. 1777–1788 |
Note générale : |
Recherche opérationnelle |
Langues : |
Anglais (eng) |
Mots-clés : |
Data envelopment analysis Innovation and R&D Competitive structure Productivity Technical change Indian pharmaceutical industry |
Index. décimale : |
001.424 |
Résumé : |
We study the productivity change and factors driving this change in the Indian pharmaceutical industry during 1994–2003, in the backdrop of economic liberalization and change in regulatory norms. We use a non parametric Data Envelopment based-methodology to estimate productivity change and decompose it into technical and relative efficiency changes. We find that, the long-term strategic measures by a section of innovative firms that foresaw the implications from competitive forces of globalization and a change in the regulatory environment have sphereheaded the technical change. Consequently, few innovative firms, characterized by greater R&D investments, transition into higher value-added products and businesses as a step towards more technically sophisticated new drug development have pushed the production frontier, increasing the technical and productivity gains. The higher technical and R&D capabilities and wider new product portfolios of multinational companies also have contributed to the positive technical and productivity changes in the Indian pharmaceutical industry. |
DEWEY : |
001.424 |
ISSN : |
0160-5682 |
En ligne : |
http://www.palgrave-journals.com/jors/journal/v61/n12/abs/jors2009142a.html |
in Journal of the operational research society (JORS) > Vol. 61 N° 12 (Décembre 2010) . - pp. 1777–1788
[article] Productivity and technical changes in the Indian pharmaceutical industry [texte imprimé] / H. Saranga, Auteur ; R. D. Banker, Auteur . - 2011 . - pp. 1777–1788. Recherche opérationnelle Langues : Anglais ( eng) in Journal of the operational research society (JORS) > Vol. 61 N° 12 (Décembre 2010) . - pp. 1777–1788
Mots-clés : |
Data envelopment analysis Innovation and R&D Competitive structure Productivity Technical change Indian pharmaceutical industry |
Index. décimale : |
001.424 |
Résumé : |
We study the productivity change and factors driving this change in the Indian pharmaceutical industry during 1994–2003, in the backdrop of economic liberalization and change in regulatory norms. We use a non parametric Data Envelopment based-methodology to estimate productivity change and decompose it into technical and relative efficiency changes. We find that, the long-term strategic measures by a section of innovative firms that foresaw the implications from competitive forces of globalization and a change in the regulatory environment have sphereheaded the technical change. Consequently, few innovative firms, characterized by greater R&D investments, transition into higher value-added products and businesses as a step towards more technically sophisticated new drug development have pushed the production frontier, increasing the technical and productivity gains. The higher technical and R&D capabilities and wider new product portfolios of multinational companies also have contributed to the positive technical and productivity changes in the Indian pharmaceutical industry. |
DEWEY : |
001.424 |
ISSN : |
0160-5682 |
En ligne : |
http://www.palgrave-journals.com/jors/journal/v61/n12/abs/jors2009142a.html |
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