NDLI: Internationalization of Chinese Pharmaceutical Firms-Strategies and Drivers

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Internationalization of Chinese Pharmaceutical Firms-Strategies and Drivers

Content Provider	Semantic Scholar
Author	Gao, Zi-Chao Li, Jian Ren Wang, Yitao
Copyright Year	2016
Abstract	Investigating how pharmaceutical firms from emerging economies internationalize themselves to meet the knowledgeand investment-intensive challenges of pharmaceutical industry has become an inviting topic for both academia and industry. This paper explores the internationalization strategies and driving factors of Chinese pharmaceutical firms. Through applying text analytics, four internationalization patterns of Chinese pharmaceutical firms are identified, namely, (1) market seeking by the state-owned; (2) opportunity exploring by the emerging-private; (3) culture penetration by TCM firms; and (4) global integration by CROs. It shows that the internationalization of Chinese pharmaceutical firms is driven by three key factors: firm ownership, business scope and value chain positioning. This study attempts not only to provide empirical evidence of internationalization of Chinese pharmaceutical firms, but also to contribute to the field of study on corporate internationalization in the complex-system sector.
Starting Page	150
Ending Page	168
Page Count	19
File Format	PDF HTM / HTML
DOI	10.4018/978-1-4666-9758-4.ch009
Alternate Webpage(s)	https://www.igi-global.com/viewtitlesample.aspx?id=142285&ptid=139327&t=internationalization+of+chinese+pharmaceutical+firms-strategies+and+drivers
Alternate Webpage(s)	https://doi.org/10.4018/978-1-4666-9758-4.ch009
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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