Preprint Article Version 2 Preserved in Portico This version is not peer-reviewed

Determinants of Internationalization as Levers for Sustainability: A Study of the Portuguese Pharmaceutical Sector

Version 1 : Received: 3 July 2021 / Approved: 5 July 2021 / Online: 5 July 2021 (10:17:43 CEST)
Version 2 : Received: 19 August 2021 / Approved: 24 August 2021 / Online: 24 August 2021 (11:53:44 CEST)

A peer-reviewed article of this Preprint also exists.

Vieira, J.; Frade, R.; Ascenso, R.; Martinho, F.; Martinho, D. Determinants of Internationalization as Levers for Sustainability: A Study of the Portuguese Pharmaceutical Sector. Sustainability 2021, 13, 9792. Vieira, J.; Frade, R.; Ascenso, R.; Martinho, F.; Martinho, D. Determinants of Internationalization as Levers for Sustainability: A Study of the Portuguese Pharmaceutical Sector. Sustainability 2021, 13, 9792.

Journal reference: Sustainability 2021, 13, 9792
DOI: 10.3390/su13179792

Abstract

The pharmaceutical industry is facing the pressure of a global economy, loss of value in local markets and the highly intense innovation that characterizes this sector. This has a heavy impact, particularly in smaller economies. With this investigation, we intend to identify the determinants of internationalization as levers for sustainability in the pharmaceutical export sector of a small economy. Data was collected from a sample representing 63% of the total universe, Portuguese pharmaceutical organizations with exporting activity. Contextualization of the sector and a bibliographic review were previously carried out, which laid the groundwork for the empirical framework. This study revealed a deeply internationalized sector conditioned by a few shortcomings, namely a certain lack of sustainable competitive advantages, relatively low investment in research and development (R&D), insufficient innovation in internationalization strategies as well as scarce institutional support. Our findings may help pave the way for a more complete understanding of the dynamics of internationalization in highly competitive sectors.

Keywords

pharmaceutical industry; internationalization determinants; internationalization strategy; levers for sustainability

Comments (1)

Comment 1
Received: 24 August 2021
Commenter: Jorge Vieira
Commenter's Conflict of Interests: Author
Comment: This is the 2nd version, reviewed in accordance with the Editorial team's suggestions. A strong English revision is applied as well. The current version is much more clean&clear, we guess...
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