Value of generic medicines: an health economics study

Albrecht, Martín; Höer, Ariane; Zimmermann, Anne

doi:10.1186/2052-3211-8-s1-p15

Cited by 5 publications

(7 citation statements)

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“…Roy and Dugal (2005) defined organizational effectiveness as the net satisfaction of all constituents in the process of gathering and transferring inputs into outputs in an efficient manner. Majority of studies on HRM practices in the pharmaceutical industry mainly focuses on developed economies such as USA (Collings, 2003), UK (Jones, 2003), Germany (Albrecht et al , 2015), Netherlands (Canton and Westerhout, 1999), Italy (Jommi and Minghetti, 2015), Australia (Vogler et al , 2016). However, with some exceptions (Grupper et al , 2005; Harper and Gyansa-Lutterodt, 2007; Otoo et al , 2019) scant research study exists on HRM practices in the West Africa pharmaceutical industry.…”

Section: Introductionmentioning

confidence: 99%

Measuring the impact of human resource management (HRM) practices on pharmaceutical industry's effectiveness: the mediating role of employee competencies

Otoo

2020

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PurposeThe aim of this paper is to examine the mediating role of employee competencies in the association between human resource management (HRM) practices and organizational effectiveness of the pharmaceutical industry in Ghana.Design/methodology/approachAn integrated research model was developed by combining principal factors from existing literature. The validity of the model was tested by applying structural equation modelling (SEM) to the data collected from 550 employees of the selected pharmaceutical industries. The reliability and validity of the dimensions are established through confirmatory factor analysis (CFA) and related hypotheses tested using SEM.FindingsThe results indicate that some HRM practices influence organizational effectiveness through their impact on employee competencies. The study further revealed that employee competencies mediate the association between HRM practices and organizational effectiveness.Research limitations/implicationsThe research was undertaken in the pharmaceutical industry and the analysis based on cross-sectional data which cannot be generalized across a broader range of sectors and international environment.Practical implicationsThe findings of the study have the potential to help stakeholders, policy makers and management of the pharmaceutical industry in espousing suitable and well-articulated HRM practices to influence and shape the skills, knowledge and behaviour of employees and inordinately enhance organizational effectiveness.Originality/valueThis study extends the literature by adducing evidence empirically that employee competencies mediated the association between HRM practices and organizational effectiveness of the pharmaceutical industry in Ghana.

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Section: Introductionmentioning

confidence: 99%

Measuring the impact of human resource management (HRM) practices on pharmaceutical industry's effectiveness: the mediating role of employee competencies

Otoo

2020

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“…Zhang et al (2008) opined that organizational performance is the extent of success to which the organization reaches its aims. Majority of studies on HRD practices in the pharmaceutical industry many focuses on developed economies such as the UK (Jones, 1996), the USA (Collings, 2003), The Netherlands (Canton and Westerhout, 1999), Germany (Albrecht et al , 2015), Australia (Vogler et al , 2016), Italy (Jommi and Minghetti, 2015). However, with some exceptions (Cohen et al , 2005; Grupper et al , 2005; Harper and Gyansa-Lutterodt, 2007) scant research study exists on HRD practices in the West Africa pharmaceutical industry.…”

Section: Introductionmentioning

confidence: 99%

Impact of human resource development (HRD) practices on pharmaceutical industry’s performance

Otoo

Otoo²,

Abledu

et al. 2019

EJTD

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Purpose The purpose of this paper is to examine the mediating role of employee performance in the association between human resource development (HRD) practices and organizational performance. Design/methodology/approach An integrated research model was developed by combining principal factors from existing literature. Data were collected through questionnaire from 700 employees of the selected pharmaceutical industries. The validity of the model and hypotheses was tested using structural equation modeling. The reliability and validity of the dimensions are established through confirmatory factor analysis. Findings The results indicate that some HRD practices influence organizational performance through their impact on employee performance. The study further revealed that employee performance mediates the association between HRD practices and organizational performance. Research limitations/implications The research was undertaken in the pharmaceutical industry and the analysis is based on cross-sectional data, which cannot be generalized across a broader range of sectors. Practical implications The findings of the study have the potential to help policy makers, stakeholders and management of pharmaceutical industries in adopting properly and well-articulated HRD practices to enhance the quality of human capital and create sustainable competitive advantage. Originality/value This study extends the literature by adducing evidence empirically that employee performance mediated the association between HRD practices and organizational performance of the pharmaceutical industry in Ghana.

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“…Además, los genéricos introducen competencia en el mercado, obligando a los fabricantes a reducir los precios de los productos de marca cuando expira la patente, lo cual redundará en una mayor eficiencia del sistema y contribuirá a mantener la sostenibilidad a medio y largo plazo de los presupuestos públicos. Por otro lado, la industria de los medicamentos genéricos genera riqueza en sí misma, a través del empleo, la inversión y el valor añadido que produce 3,7 .…”

Section: Dt Nº 03/2017unclassified

“…Políticas de incentivación de los medicamentos genéricos en la UE [ 7 ] EL MERCADO DE LOS MEDICAMENTOS GENÉRICOS EN LA UE T odos los países europeos han desarrollado en mayor o menor medida el uso de los medicamentos genéricos en su entorno, especialmente a partir de la crisis económica iniciada en 2008, aunque muchos de ellos todavía no han aprovechado todo su potencial.…”

Section: # 02unclassified

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Políticas de incentivación de los medicamentos genéricos en la Unión Europea

Zozaya¹,

Galdeano²,

Hidalgo³

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Value of generic medicines: an health economics study

Cited by 5 publications

References 0 publications

Measuring the impact of human resource management (HRM) practices on pharmaceutical industry's effectiveness: the mediating role of employee competencies

Measuring the impact of human resource management (HRM) practices on pharmaceutical industry's effectiveness: the mediating role of employee competencies

Impact of human resource development (HRD) practices on pharmaceutical industry’s performance

Políticas de incentivación de los medicamentos genéricos en la Unión Europea

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