Competitiveness in Turkey the Pharmaceutical Industry

Authors : Hasan Hüseyin YILDIRIM, Melih MESTANOĞLU

Pages : 340-352

Doi:10.21733/ibad.612571

View : 23 | Download : 12

Publication Date : 2019-10-30

Article Type : Research Paper

Abstract :The health-producing pharmaceutical sector, which meets one of the most basic needs of individuals, has developed at a significant level to improve the quality of life for individuals. Today, the pharmaceutical industry is a global industry with great economic potential and incurring high R & D costs. As in the other industrial units of the economy, a state of intense competition exists in the pharmaceutical sector. In this study, domestic and foreign manufacturers operating in Turkey are determined and it is aimed to determine the competitive condition of the pharmaceutical industry with the obtained data from the companies. Also, a frequency analysis was carried out to generally evaluate the opinions of manufacturers and suppliers in the sector regarding the competitive situation. T-test was conducted to determine whether there was a difference between two groups in terms of the competitive situation. As a result, a statistically significant difference was found between the manufacturers and the suppliers.
Keywords : Industry Analysis, Pharmaceutical Industry, Competitive Analysis, Survey Analysis