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Innovative Development In Pharmaceutical Industry Of The Russian Federation In The Context Of Globalization

Author

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  • Natalia Klunko

    (Sankt-Petersburg Academy Of Management And Economy)

Abstract

The current development stage of globalization process and market reforms in the industrial sector of the national economy requires from scientists and practitioners to design qualitatively new approaches to formation of the strategic development in different economy branches for geopolitical evaluation of threats and challenges. Technological backwardness in Russia increases comparing to developed countries. The poor participation of Russia in international scientific and technical exchange is explained by inconsistent government policy on development and use of intellectual potential, modernization and improvement of manufacturing industry competitiveness, promotion of high-tech products at foreign markets. Reported problems are observed in the pharmaceutical industry, industrial-technological system, which is now almost destroyed, leading to a critical level of dependence on drug imports. However, the pharmaceutical industry as one of the most high technology industries can lead to innovation development in Russia.

Suggested Citation

  • Natalia Klunko, 2012. "Innovative Development In Pharmaceutical Industry Of The Russian Federation In The Context Of Globalization," European Journal of Business and Economics, Central Bohemia University, vol. 4(0), pages 56-581:4, September.
    • Handle: RePEc:aad:ejbejj:v:4:y:2012:i:0:p:56-58
    DOI: 10.12955/ejbe.v4i0.160
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    More about this item

    Keywords

    Pharmaceutical MarketInnovation; Innovative Development; Medicine.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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