Challenges faced by Pakistani pharmaceutical industry: An intellectual capital perspective

Author/s:

Khalique, Muhammad*
Universiti Malaysia Sarawak, Sarawak, Malaysia (cks748@gmail.com)

Md. Isa, Abu Hassan bin
Universiti Malaysia Sarawak, Sarawak, Malaysia (miahassan@feb.unimas.m)

Shaari, Jamal Abdul Nassir
Universiti Malaysia Sarawak, Sarawak, Malaysia (jamalnassir@yahoo.com)

Abstract:

Intellectual capital is recognized as one of the most critical factors for the success of organizations in a knowledge-based economy. In a knowledge-based economy high tech organizations are facing tremendous challenges to gain competitive advantage. The main objective of this study is to introduce the concept and applications of intellectual capital in Pakistani pharmaceutical industry. Pakistani pharmaceutical industry is one of the major industries and it has 70% of share to fulfill the demand of finished pharmaceutical products. This industry also contributes in economic growth and development. This study is a preliminary in nature and it will also be a milestone for future research on this topic.

Keywords: knowledge-based economy; intellectual capital; challenges; pharmaceutical industry; competitiveness

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DOI: https://doi.org/10.5861/ijrsm.2012.v1i1.27

*Corresponding Author