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

G. Felker, S. Chaudhuri, K. Gyorgy and M. Goldman

Working Papers from World Bank - Technical Papers

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.

Keywords: INDIA; HUNGARY; PHARMACEUTICAL INDUSTRY; INNOVATIONS (search for similar items in EconPapers)
JEL-codes: L65 O31 O32 (search for similar items in EconPapers)
Pages: 46 pages
Date: 1997
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Citations: View citations in EconPapers (2)

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