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The Pharmaceutical Industry in India and Hungary. Policies, Institutions, and Technological Development

Author

Listed:
  • Felker, G.
  • Chaudhuri, S.
  • Gyorgy, K.
  • Goldman, M.

Abstract

The pharmaceutical industry is unique because of a close connection between knowledge and final product. As the quintessential science-based industry, pharmaceuticals depend heavily on high level manpower and substantial R&D for innovation. Because these requirements are costly, the industry is dominated by a small number of companies in a handful of industrialized countries. In Hungary and India, however, science0intensity was an opportunity rather than a barrier to entry.

Suggested Citation

  • Felker, G. & Chaudhuri, S. & Gyorgy, K. & Goldman, M., 1997. "The Pharmaceutical Industry in India and Hungary. Policies, Institutions, and Technological Development," Papers 392, World Bank - Technical Papers.
    • Handle: RePEc:fth:wobate:392
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    Citations

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    Cited by:

    1. Ramesh Govindaraj & Gnanaraj Chellaraj, 2002. "The Indian Pharmaceutical Sector : Issues and Options for Health Sector Reform," World Bank Publications - Books, The World Bank Group, number 15231, December.
    2. Katalin Antalóczy & Tamás Gáspár & Magdolna Sass, 2019. "The Specialties of the Pharmaceutical Value Chains in Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 41-72, December.

    More about this item

    Keywords

    INDIA ; HUNGARY ; PHARMACEUTICAL INDUSTRY ; INNOVATIONS;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics

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