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The innovation performance and its determinants of Korean pharmaceutical indsutry

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Frame of Image ·········································································· 1 Ⅰ. Introduction ················································································ 2
1. Backgrounds ·················································································· 2 2 The Focus of this Paper ···························································· 4
Ⅱ. The Current State of the Pharmaceutical Industry ········ 7
1. Global Market ··············································································· 7 2. R&D Trend of Major Countries ············································ 10 (1) The United States ································································· 10 (2) Germany ··················································································· 12 (3) France ······················································································· 14 (4) Japan ························································································· 16 (5) Korea ························································································· 18
Ⅲ. The Methodology for R&D Efficiency Measurement ·· 21
1. Data Envelopment Analysis (DEA) ······································ 21 2. The Fuzzy DEA ········································································ 22 (1) Fuzzy Numbers ······································································ 22 (2) The Fuzzy DEA ···························································


Full Text
Title The innovation performance and its determinants of Korean pharmaceutical indsutry
Similar Titles
Material Type Reports
Author(English)

Moon, Hye-Seon

Publisher

[Seoul]:Korea Institute for Industrial Economics & Trade

Date 2011-12
Pages 53
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Science/Technology
Holding Korea Institute for Industrial Economics & Trade

Abstract

The pharmaceutical industry has become one of the most powerful and potential industry for the economic growth in the world. Accordingly, many countries have increased research and development (R&D) investment with the goal of producing new drugs. As R&D in the pharmaceutical industry became increasingly important, so did the evaluation of the effectiveness and efficiency of expanding R&D investment. Evaluating and managing R&D efficiency are essential for enhancing the performance produced by R&D activities. However, only a few studies on evaluating R&D efficiency quantitatively have been conducted so far because of the complexity and uncertainty of R&D activity.