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  • Author or Editor: Arkadiusz Michał Kowalski x
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Abstract

The chapter focuses on the development of healthcare and pharmaceutical industry analyzed from the perspective of the innovation divide in the world economy, as there are traditionally countries with developed national innovation systems, playing the role of technology leaders, and those with developing innovation systems, acting as innovation followers. However, together with significant structural changes taking place in the world economy, we observe a gradual shift of high-technology industries, such as the pharmaceutical industry, to emerging economies, among which China is making a considerable progress in innovation performance. The objective of this research is to measure the development of healthcare and pharmaceutical industry in economies traditionally playing the role of technological followers, that is, China and Poland, and economies positioned as innovation leaders, that is, the EU and the USA. According to the results, the development of the healthcare sector in emerging economies, in particular China, is positively associated with economic growth, and innovations in the pharmaceutical industry are critical to the present and future advances in healthcare.

Open Access
In: Economics and Mathematical Modeling in Health-Related Research