An empirical analysis of resources in the Indian pharmaceutical industry

Bikram Jit Singh Mann and Prabhjot Dutta

International Journal of Emerging Markets, 2013, vol. 8, issue 1, 82-96

Abstract: Purpose - The purpose of this study is to utilize the concept of resource based approach to ascertain the resources and the interactions that exist among these resources leading to differential performance in the Indian pharmaceutical industry. Based on review of the literature, the study also highlights differences among companies operating in economically developed economies and in an emerging economy in the pharmaceutical industry, in terms of resources that matter. Design/methodology/approach - Panel data ranging from 2005‐2010 comprising of the listed companies from the Indian pharmaceutical industry is analyzed using random effects regression technique. Findings - The analysis reveals company age and the interaction of R&D expenditure with MD experience are significantly related to performance. Further, the analysis reveals a negative relationship of R&D expenditure with performance in two out of the four models and marketing expenditure is found to have no significant impact on performance. Practical implications - The paper helps managers understand the resources they should build upon to improve performance. Originality/value - The paper adds to existing literature on the resource based research in India, where the application of the concept is less prevalent.

Keywords: Resource based approach; Resources; Interaction; Pharmaceutical industry; Performance; India (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoemp:17468801311297291

DOI: 10.1108/17468801311297291

Access Statistics for this article

International Journal of Emerging Markets is currently edited by Prof Ilan Alon

More articles in International Journal of Emerging Markets from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().