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Title:Research of strategic global development trends and competitiveness in the world pharmaceutical industry
Authors:ID Kesič, Dragan (Author)
Files:URL http://dx.doi.org/10.4018/978-1-4666-6511-4.ch018
 
Language:English
Work type:Not categorized
Typology:1.16 - Independent Scientific Component Part or a Chapter in a Monograph
Organization:FM - Faculty of Management
Abstract:In this chapter, the authors analyze strategic global development trends and competitiveness in the world pharmaceutical industry. They find some most significant characteristics of the world pharmaceutical industry, which greatly influence the global development in this "high-tech" industrial sector. The global pharmaceutical industry has been consolidating over the past 30 years. According to the research, the main strategic reasons for the intensive consolidation processes in the world pharmaceutical industry include the following: lack of new products to drive sales growth, huge investments needed for R&D activities to develop new products, fast globalization processes of the global economy, global marketing and sales activities that need large investments, and changed structure of competitors created by M&A strategies and consolidation processes. The concentration process, which is still going on, has created many new phramaceutical players; however, some previously well-known pharmaceutical firms have disappeared from the global market place.
Keywords:mednarodno poslovanje, globalizacija, strategije, razvoj, konkurenčnost, farmacevtska industrija, concentration, consolidation, globalization, mergers and acquisitions, strategies, world pharmaceutical industry
Year of publishing:2015
Number of pages:str. 390-401
PID:20.500.12556/RUP-7770 This link opens in a new window
UDC:339.9:661.12
DOI:10.4018/978-1-4666-6511-4.ch018 This link opens in a new window
COBISS.SI-ID:1537309124 This link opens in a new window
Publication date in RUP:02.04.2017
Views:3535
Downloads:75
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