INNOVATIONS AS FACTOR OF DEVELOPMENT OF COMPETITIVE PHARMACEUTICAL INDUSTRY OF CORPORATIONS


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Abstract

In the modern world of globalization the pharmaceutical market is dynamically developing sector of world economy. The pharmaceutical industry is one of the most difficult directions of business around the world. High rates of production and profit are characteristic of this branch. The relevance of a research is caused by need of a research of the pharmaceutical companies for improvement of welfare of the population. Innovative activity of the companies, high costs of research and development, aspiration of the large companies on interaction with partners and formation of structures of cluster type form a basis for competitive activity in the world market of pharmaceutical production.

About the authors

Elmira Ilgizayrovna Safiullina

Peoples’ Friendship University of Russia (RUDN University)

Author for correspondence.
Email: elmira.rudn@mail.ru

A student of the Department of International Economic Relations of the Faculty of Economics at RUDN University

117198, Moscow, Miklukho-Maklaya str., 6

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