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Competition And Competitiveness In Pharmaceutical Industry

Author

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  • YULIA NEDELCHEVA

    (South-West University "Neofit Rilski", Blagoevgrad)

Abstract

The aim of the paper is to present competition and competitiveness in the pharmaceutical industry. Their concepts and definitions are discussed. The types of competition and their application in the pharmaceutical industry are described. The results of the paper define a wide range of definitions and relatively few quantitative criteria for measuring competition and competitiveness. The ability to use resources effectively is a common feature of both competition and competitiveness. Research and innovation are key to competition in the pharmaceutical industry, while policy by state for intellectual property forming competitiveness in the pharmaceutical industry.

Suggested Citation

  • Yulia Nedelcheva, 2019. "Competition And Competitiveness In Pharmaceutical Industry," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 16(2), pages 66-77.
    • Handle: RePEc:neo:journl:v:16:y:2019:i:2:p:66-77
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    References listed on IDEAS

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    3. Meir Statman, 1983. "Competition in the Pharmaceutical Industry: The Declining Profitability of Drug Innovation," Books, American Enterprise Institute, number 920795, September.
    4. Reinert, Erik S., 1995. "Competitiveness and its predecessors--a 500-year cross-national perspective," Structural Change and Economic Dynamics, Elsevier, vol. 6(1), pages 23-42, March.
    5. Raya Madgerova & Vyara Kyurova, 2014. "Definition, Characteristics And Problems Of Family Business," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 10(2), pages 97-105.
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    More about this item

    Keywords

    competition; competitiveness; pharmaceutical industry;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development

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