Gaining Competitive Advantage in The European Pharmaeutical Generics Market

The aim of this study is to examine the necessary elements of competitive advantage for a global pharmaceutical company as it embarks on its launch into 16 European generics market. The academic base explores five of Vargo and Lusch’s Service Dominant-logic foundational premises and the actions that...

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Main Authors: Dos Santos, Roberta, Allam, Dina, Murphy, John, Del Corral, Jose Alberto
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23742/
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author Dos Santos, Roberta
Allam, Dina
Murphy, John
Del Corral, Jose Alberto
author_facet Dos Santos, Roberta
Allam, Dina
Murphy, John
Del Corral, Jose Alberto
author_sort Dos Santos, Roberta
building Nottingham Research Data Repository
collection Online Access
description The aim of this study is to examine the necessary elements of competitive advantage for a global pharmaceutical company as it embarks on its launch into 16 European generics market. The academic base explores five of Vargo and Lusch’s Service Dominant-logic foundational premises and the actions that must be taken for the company to move from a market to relational exchange level. The project is divided into two key deliverables, the first one being an environmental scanning to understand the market and hospital’s purchasing process, and the second one a further research into 4 main areas involved in the process of customer value creation. The environmental scanning includes assessment of external market factors and internal characteristics that provide a careful understanding of the business environment, its key decision makers, buying structure and the political nuances affecting the industry at large. This study tells the story of generic drugs from production to consumption, who to influence and how to do it. The second part explores four areas, three on the marketing literature and one on corporate social responsibility, all with the goal of identifying aspects to co-create value with hospital decision makers and to help PharmCo gaining competitive advantage through higher collaboration in between buyer and supplier. These include stakeholder analysis, trust and relationships building, customer value creation through enhanced product and service attributes, and sales force deployment and development. Final conclusions bundle the markets into archetypes, according to their similarities and requirements for value co-creation, and cross the results from the individual studies within the SD-logic foundational premises.
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spelling nottingham-237422018-01-31T09:07:49Z https://eprints.nottingham.ac.uk/23742/ Gaining Competitive Advantage in The European Pharmaeutical Generics Market Dos Santos, Roberta Allam, Dina Murphy, John Del Corral, Jose Alberto The aim of this study is to examine the necessary elements of competitive advantage for a global pharmaceutical company as it embarks on its launch into 16 European generics market. The academic base explores five of Vargo and Lusch’s Service Dominant-logic foundational premises and the actions that must be taken for the company to move from a market to relational exchange level. The project is divided into two key deliverables, the first one being an environmental scanning to understand the market and hospital’s purchasing process, and the second one a further research into 4 main areas involved in the process of customer value creation. The environmental scanning includes assessment of external market factors and internal characteristics that provide a careful understanding of the business environment, its key decision makers, buying structure and the political nuances affecting the industry at large. This study tells the story of generic drugs from production to consumption, who to influence and how to do it. The second part explores four areas, three on the marketing literature and one on corporate social responsibility, all with the goal of identifying aspects to co-create value with hospital decision makers and to help PharmCo gaining competitive advantage through higher collaboration in between buyer and supplier. These include stakeholder analysis, trust and relationships building, customer value creation through enhanced product and service attributes, and sales force deployment and development. Final conclusions bundle the markets into archetypes, according to their similarities and requirements for value co-creation, and cross the results from the individual studies within the SD-logic foundational premises. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23742/1/Consolidated_Group_Project_Pharmco.pdf Dos Santos, Roberta, Allam, Dina, Murphy, John and Del Corral, Jose Alberto (2010) Gaining Competitive Advantage in The European Pharmaeutical Generics Market. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Dos Santos, Roberta
Allam, Dina
Murphy, John
Del Corral, Jose Alberto
Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title_full Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title_fullStr Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title_full_unstemmed Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title_short Gaining Competitive Advantage in The European Pharmaeutical Generics Market
title_sort gaining competitive advantage in the european pharmaeutical generics market
url https://eprints.nottingham.ac.uk/23742/