Determinantes de la productividad y la innovación del subsector farmacéutico en Colombia durante el período 1995-2018 por nivel de exportación

Abstract

This research will analyze the variables and factors that favor the productivity and innovation of the pharmaceutical subsector in Colombia, in the period 1995-2018. In this way, alternatives for improvement are presented to mitigate the effects that have impeded the growth of productivity in this subsector in the country. In Colombia, market and government failures are perceived that have caused a reduction in production and therefore in exports. Throughout the document, what happened with the variables of innovation, productivity and their effect on exports is explained, starting with studies at the international level, then at the national level and ending with the specific sector. Important data from EAM, EDIT, and UNCTADSTAT were used, providing data for the chosen model.