Entrepreneurship and Sustainability Issues (Dec 2020)

Comparative analysis of social and economic efficiency in managing product innovations in the pharmaceutic industry

  • Zhibek Omarkhanova,
  • Danagul Tleuzhanova,
  • Aigul Zholmukhanova,
  • Zamira Mukhambetova,
  • Sholpan Alpeissova

DOI
https://doi.org/10.9770/jesi.2020.8.2(74)
Journal volume & issue
Vol. 8, no. 2
pp. 1245 – 1266

Abstract

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Despite the variety of studies of modern innovative projects within the global pharmaceutical industry, the study of the management system for innovative projects in the pharmaceutical industry is relevant. The pharmaceutical business has a high social role in the country's economy, meeting the needs of the population in providing the necessary products. This is what determines the significant influence of the state on this sphere of economic activity, which is expressed in the mandatory fulfillment of a number of rigidly and clearly established requirements, due to which the observance of the rights of citizens in the possibility of obtaining high-quality pharmaceutical products will be ensured.The aim of the study is to consider the socio-economic characteristics of managing product innovations in pharmaceuticals (leading pharmaceutical markets) based on assessing the level of innovative activity of pharmaceutical companies, which addresses the problems of managing their role and importance in the healthcare system of Kazakhstan.