Determinants of Intra-Industry Pharmaceutical Trades in China and Its Primary Global Partners

Author(s):
Yaoyao, Tang
Publication Date:
2024-04-01

Abstract

This study examined the relationship between knowledge sharing, gross domestic product, economic development, and global demand on competitive advantage among intra-industry trade among pharmaceutical companies operating in China and its international partners.  ⁤ It presented the demographic profile, key variables on the workforce, years founded, annual income, and several indicators using a Likert scale questionnaire. The research utilized a quantitative methodology that incorporated multi-regression analysis, ⁤⁤to find trends, patterns, and correlations using the following statistical treatment frequency, percentage, mean, median, standard deviation, and multiple regression. The study highlighted the need for proactive measures and focused approaches to enhance knowledge exchange within firms and the value of GDP in supporting economic growth and in making strategic decisions. The study underscores the need for comprehensive methodologies and strategic positions in formulating policies for long-term growth. It also presented the impact of knowledge sharing, GDP, economic development, and global demand on competitive advantage, emphasizing the need for proactive tactics and strategic considerations affecting economic development.

            Keywords: Knowledge sharing, gross domestic product, economic development, global demand, competitive advantage

Academic Profile

YAOYAO TANG is a teacher at the International College of Yunnan Agricultural University, Kunming, Yunnan, P.R. China. She is working on her doctorate in business administration at Jose Rizal University, Manila, the Philippines. She worked as the international business manager for two listed pharmaceutical companies in China from 2012 to 2021. She specializes in international trade, marketing, and human resource management.

Article Information

Type:
Thesis
DOI:
https://doi.org/10.56738/issn29603986.geo2024.5.45