logo
Ponte Academic Journal
May 2018, Volume 74, Issue 5

ASSESSMENT OF THE IMPACT OF EXTERNAL CONDITIONS ON THE DEVELOPMENT OF RUSSIAN PHARMACEUTICAL PRODUCTION

Author(s): N. Borscheva ,Y.Fedorova, M.Glukhova, E. Fedorov

J. Ponte - May 2018 - Volume 74 - Issue 5
doi: 10.21506/j.ponte.2018.5.6



Abstract:
Today the Russian pharmaceutical industry is one of the high-tech industries of economy. The state industrial policy has encouraged high investment and innovative activity in the industry. Russian companies are actively involved in the implementation of the import substitution strategy, which will reduce the dependence of the Russian economy on imports and develop its own production. The objective of this research is identification of external environment factors influencing development of the entities of pharmaceutical industry for the evolvement of strategic directions for further development. This article carries out assessment of external factors which influence the entities of pharmaceutical industry. The correlation model is constructed and the actual factors influencing development of pharmaceutical production are revealed. The regression model reflecting the dependence of amounts of release of pharmaceutical products on the change of factors of an external environment in dynamics from 2006 to 2016 is constructed. The realistic scenario of the production scope change for major pharmaceutical groups is constructed. The interrelation between macrofactors of the Russian pharmaceutical industry development and the amounts of its production are confirmed and measured in the research. This research is a reason for discussion and further studying of development of reasonable recommendations in order to change or refine the state industrial policy. The directions of further researches are connected with deeper studying of causes of relationships between production volumes and macrofactors, as well as with the assessment of time distribution of macroeconomic consequences of purposeful impact on a size of the considered factors.
Download full text:
Check if you have access through your login credentials or your institution