Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries

The Indian Pharmaceutical Industry

Research output: Working paperResearchpeer-review

Abstract

This paper identifies the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. The analysis is based on the primary survey data as well as the PROWESS database. Our findings suggest that the competitiveness of firms depends not only on firm specific advantages but also on government fiscal incentives. Among the firm specific factors own R&D efforts emerged as one of the prime factors influencing export competitiveness. Technology imports on the other hand did not play a significant export-enhancing role. Brand promotion and lower costs were other important determinants of the export competitiveness. The study also finds that the determinants of exportcompetitiveness differ across firms of different size and ownership. High transaction and production costs are found to be major constraints faced by Indian exporters. Based on the quantitative and qualitative analysis, the study draws useful policy implications to strengthen the export competitiveness of the industry.
Original languageEnglish
Place of PublicationNew Delhi
PublisherResearch and Information System for Developing Countries
Number of pages65
Publication statusPublished - 2006
Externally publishedYes

Cite this

@techreport{0081aa86d8884782ad5e128ea8b6a6a3,
title = "Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries: The Indian Pharmaceutical Industry",
abstract = "This paper identifies the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. The analysis is based on the primary survey data as well as the PROWESS database. Our findings suggest that the competitiveness of firms depends not only on firm specific advantages but also on government fiscal incentives. Among the firm specific factors own R&D efforts emerged as one of the prime factors influencing export competitiveness. Technology imports on the other hand did not play a significant export-enhancing role. Brand promotion and lower costs were other important determinants of the export competitiveness. The study also finds that the determinants of exportcompetitiveness differ across firms of different size and ownership. High transaction and production costs are found to be major constraints faced by Indian exporters. Based on the quantitative and qualitative analysis, the study draws useful policy implications to strengthen the export competitiveness of the industry.",
author = "Aradhna Aggarwal",
year = "2006",
language = "English",
publisher = "Research and Information System for Developing Countries",
address = "India",
type = "WorkingPaper",
institution = "Research and Information System for Developing Countries",

}

Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries : The Indian Pharmaceutical Industry. / Aggarwal, Aradhna.

New Delhi : Research and Information System for Developing Countries, 2006.

Research output: Working paperResearchpeer-review

TY - UNPB

T1 - Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries

T2 - The Indian Pharmaceutical Industry

AU - Aggarwal, Aradhna

PY - 2006

Y1 - 2006

N2 - This paper identifies the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. The analysis is based on the primary survey data as well as the PROWESS database. Our findings suggest that the competitiveness of firms depends not only on firm specific advantages but also on government fiscal incentives. Among the firm specific factors own R&D efforts emerged as one of the prime factors influencing export competitiveness. Technology imports on the other hand did not play a significant export-enhancing role. Brand promotion and lower costs were other important determinants of the export competitiveness. The study also finds that the determinants of exportcompetitiveness differ across firms of different size and ownership. High transaction and production costs are found to be major constraints faced by Indian exporters. Based on the quantitative and qualitative analysis, the study draws useful policy implications to strengthen the export competitiveness of the industry.

AB - This paper identifies the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. The analysis is based on the primary survey data as well as the PROWESS database. Our findings suggest that the competitiveness of firms depends not only on firm specific advantages but also on government fiscal incentives. Among the firm specific factors own R&D efforts emerged as one of the prime factors influencing export competitiveness. Technology imports on the other hand did not play a significant export-enhancing role. Brand promotion and lower costs were other important determinants of the export competitiveness. The study also finds that the determinants of exportcompetitiveness differ across firms of different size and ownership. High transaction and production costs are found to be major constraints faced by Indian exporters. Based on the quantitative and qualitative analysis, the study draws useful policy implications to strengthen the export competitiveness of the industry.

M3 - Working paper

BT - Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries

PB - Research and Information System for Developing Countries

CY - New Delhi

ER -