Globalisation and Its Impact on Competitiveness: the Case of the British and German Pharmaceutical Industry
نویسندگان
چکیده
This paper assesses the degree of financial and economic globalisation of British and German pharmaceutical companies during 1990 and 2001 and explores the changing balance between globalisation and national embeddedness. It tries to explain both the much lower degree of globalisation of German as compared to British companies in 1990, as well as their catching up at the beginning of the 21 century. The paper suggests that the lesser degree of globalisation of German firms during most of the 1990s partly explains their slide in competitiveness during this period. The conclusion examines prospects for the future of firms in both economies. The paper draws on detailed industry data, as well as case studies of the major firms in the two national industries. JEL Codes: L22, L65, P12
منابع مشابه
Determining the Competitiveness in Iran Banking Industry: Case study of private banks
Iran's banking industry has faced a wide range of changes during recent years and its banks' performance has been affected by these changes. On the one hand, the entry of private banks to the industry has made various changes in the industry's concentration and the market share of banks, on the other hand, banking technologies and strengthened competitive environment have led banks to increase ...
متن کاملIdentifying and prioritizing the factors affecting the development of the export market in pharmaceutical companies with emphasis on export competitiveness in the context of the corona epidemic with the fuzzy Delphi approach
Introduction: In order to reduce the dependence of the Iranian economy on crude oil exports and turn to a multi-product economy in exports, the orientation of export policies should be changed to the production and export of non-oil goods.One of these goods and non-oil industries is the pharmaceutical industry, which as a strategic industry has always been considered by economists and policy ma...
متن کاملThe Analysis of the Impact of Information Technology and Social Capital on Entrepreneurial Orientation in Iran Pharmaceutical Industry (Case Study: Alborz Drug Company)
One of the main branches of entrepreneurship is entrepreneurial orientation as it certainly plays an important role in the success and growth of the organizations. Entrepreneurial orientation is rooted in adopting a strategy. Many organizational policies which are formulated for the development of entrepreneurship are associated with information and communication technologies, in the other hand...
متن کاملThe Impact of Knowledge Management on the Innovation Performance in the Pharmaceutical Industry (Case Study: R & D Department Staff of Salamat Pharmaceutical Investment Holding)
Background and Aim: The present study was conducted to investigate the effect of knowledge management on innovation performance in the pharmaceutical industry, which leads to a sustainable competitive advantage. The purpose of this study was to determine the effect of knowledge management on innovation performance in Salamat pharmaceutical investment holding. Materials and Methods: This stu...
متن کاملThe Effect of National Competitiveness on Insurance Penetration in Selected Countries
Insurance as a central risk-taking institution as well as one of the investment institutions increases economic participation, investment development and stimulating economic growth. Therefore, identification of the effective factors on the insurance penetration in developing countries seems necessary. In this regard, the present study attempted to investigate the impact of national competitive...
متن کامل