Analysis on innovation capability and influencing factors in Chinese pharmaceutical industry
ABSTRACT:
As a high-tech industry, the
pharmaceutical industry in China is uncompetitive and is difficult to go
further. By evaluating the innovating capability of different pharmaceutical
companies, this paper attempts to find the key factors affecting the innovating
ability and provides suggestions for pharmaceutical companies to improve the
innovating capability. The research indicates: Independent innovating factor
and policy-influencing factor are two factors and the key factors affecting the
innovating capacity of different pharmaceutical companies are different; the
ability of independent innovation is the key influencing factors to the
state-owned pharmaceutical companies, while policy- influencing factor plays a
key role in foreign-invested pharmaceutical companies.
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