voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2022-10-86-112voprecotest-3916Research ArticleЭКОНОМИКА ОТРАСЛЕВЫХ РЫНКОВINDUSTRIAL ORGANIZATIONВлияние пандемии COVID-19 на устойчивое развитие фармацевтических компаний РоссииThe impact of the COVID-19 pandemic on the sustainable development of pharmaceutical companies: Evidence from Russiahttps://orcid.org/0000-0002-3605-7995ПылаеваИ. С.PylaevaI. S.

Пылаева Ирина Сергеевна, кандидат экономических наук, главный специалист отдела промышленности и развития предпринимательства Управления по стратегическому планированию, экономике и инвестициям 

Челябинск

 

Irina S. Pylaeva, postgraduate student of the Department of Economics and Finance

Chelyabinsk

irenpylaeva74@gmail.comhttps://orcid.org/0000-0003-3589-8386ПодшиваловаМ. В.PodshivalovaM. V.

Подшивалова Мария Владимировна, доктор экономических наук, проф. кафедры «Экономика и финансы» 

Челябинск

SPIN-код 6340-3629

Scopus ID 57190409538

WoS ID  F-5463-2015

 

Mariya V. Podshivalova, professor of the Department of Economics and Finance

Chelyabinsk

podshivalovamv@susu.ruhttps://orcid.org/0000-0002-8302-2752ПодшиваловД. В.PodshivalovD. V.

Подшивалов Дмитрий Викторович, кандидат экономических наук, доцент кафедры «Современные образовательные технологии» Института открытого и дистанционного образования 

Челябинск

Dmitrii V. Podshivalov, Associate Professor of Institute of Open and Distance Education

Chelyabinsk

podshivalovdv@susu.ruАдминистрация города ЧелябинскаРоссияAdministration of the city of ChelyabinskRussian FederationЮжно-Уральский государственный университет (Национальный исследовательский университет)РоссияSouth-Ural State UniversityRussian Federation20220910202201086112Copyright © Voprosy Ekonomiki, NP, 20222022Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/3916

В настоящее время сложилось два мнения о пандемии COVID-19: она стала угрозой устойчивому экономическому развитию; основным бенефициаром ее последствий оказалась фармацевтическая промышленность. В статье проверяется истинность этих утверждений. Эмпирической базой исследования стали данные выборки, состоящей из 1771 предприятия фармацевтической промышленности России за период 2007—2020 гг. Использованы методы карт позиционирования и попарного сравнения финансовых показателей 2020 г. с двумя наиболее сильными кризисами в российской экономике (2009 и 2015 гг.), а также с периодом наиболее устойчивого развития (2007 г.) и доковидным годом (2019 г.). Для оценки равномерности влияния пандемии на участников отрасли были выделены аналитические группы по масштабам деятельности предприятий (микро-, малые, средние и крупные) и этапам жизненного цикла (молодые и зрелые фирмы). Сделан вывод о неравномерном влиянии пандемии на устойчивое развитие производителей в фармотрасли. Главными бенефициарами последствий пандемии оказались малые молодые компании. Наиболее сильно пострадали микропредприятия фармотрасли, однако пандемию нельзя считать основной причиной их неустойчивого развития. Кроме того, результаты исследования в целом свидетельствуют о наличии определенной стрессоустойчивости отечественных фармацевтических производств к кризисам различной природы.

Nowadays there are two perspectives on the COVID-19 pandemic: it has become a threat to sustainable economic development and the pharmaceutical industry has turned out to be its main beneficiary. The purpose of this article is to empirically verify the correctness of these statements. The data sample consists of 1771 enterprises of Russian pharmaceutical industry over a 14-year period. The methods used consisted of positioning maps and pairwise comparison of the financial indicators for 2020 with the two most severe crises in the Russian economy (2009 and 2015), as well as with the period of the most sustainable development (2007) and the legacy year (2019). In order to assess the uniformity of the pandemic impact on the industry, we identified analytical groups based on the scale of enterprises and life cycle stages. The main result is to reveal the uneven pandemic impact on the sustainable development of pharmaceutical industry producers. Small young companies were the main beneficiaries of the pandemic. The micro-enterprises in the pharmaceutical industry were the most severely affected. However, the analysis has shown that the pandemic was not the main cause of their instability. In addition, the study as a whole proves the presence of a certain stress resistance of domestic pharmaceutical producers to crises of various nature.

фармацевтическая промышленностьпроизводство лекарстввысокотехнологичная отрасльпандемияCOVID-19устойчивое развитиеэтапы жизненного циклаpharmaceutical industrydrug productionhigh-tech industrypandemicCOVID-19sustainable developmentlife cycle stagesReferencesDSM Group (2020). Фармацевтический рынок России 2020.DSM Group (2020). Russian pharmaceutical market 2020.Балакин К. В., Айгинин А. А., Иващенко А. А. (2021). Российская фармацевтическая отрасль в горизонте 2030: Аналитический обзор. Долгопрудный: Биофармацевтический кластер «Северный».Balakin K. V., Aiginin A. A., Ivashchenko A. A. (2021). Russian pharmaceutical industry in the horizon 2030: Analytical review. Dolgoprudny: Biopharmaceutical Cluster “Severny”. (In Russian).Делойт (2017). Тренды фармацевтического рынка—2017. М.: Делойт и Туш СНГ.Deloitte (2017). Pharmaceutical market trends—2017. Moscow: Deloitte & Touche CIS. (In Russian).Делойт (2020). Тренды фармацевтического рынка—2020. М.: Делойт и Туш СНГ.Deloitte (2020). Pharmaceutical market trends—2020. Moscow: Deloitte & Touche CIS. (In Russian).Долгопятова Т. Г., Акиндинова Н. В., Симачев Ю. В., Яковлев. А. А. (ред.) (2021). Ответ российского бизнеса на пандемию COVID-19 (на примере шести отраслевых кейсов). М.: Изд. дом ВШЭ. С. 255—311.Dolgopyatova T. G., Akindinova N. V., Simachev Y. V., Yakovlev A. A. (eds.) (2021). The response of Russian business to COVID-19 pandemic (six industry cases). Moscow: HSE Publ., pp. 255—311. (In Russian).Ивашковская И. В., Янгель Д. О. (2007). Жизненный цикл организации и агрегированный показатель роста // Корпоративные финансы. Т. 1, № 4. С. 97—110. https://doi.org/10.17323/j.jcfr.2073-0438.1.4.2007.97-110Ivashkovskaya I. V., Yangel D. O. (2007). Organizational life cycle and aggregate growth indicator. Journal of Corporate Finance Research, Vol. 1, No. 4, pp. 97— 110. (In Russian). https://doi.org/10.17323/j.jcfr.2073-0438.1.4.2007.97-110Мамедьяров З. А. (2020). Стратегическое значение фармацевтической отрасли в условиях пандемии коронавируса // Международная аналитика. Т. 11, № 4. С. 122—136. https://doi.org/10.46272/2587-8476-2020-11-4-122-136Mamedyarov Z. A. (2020). Strategic role of the pharmaceutical industry in the сontext of the global pandemic. Journal of International Analytics, Vol. 11, No. 4, pp. 122—136. (In Russian). https://doi.org/10.46272/2587-8476-2020-11-4-122-136Ованесова Ю. С. (2013). Влияние стадии жизненного цикла организаций на эффективность IPO на развивающихся рынках капитала: дис. … канд. экон. наук. М.: НИУ ВШЭ.Ovanesova Y. S. (2013). Influence of the life cycle stage of organizations on the efficiency of IPO in emerging capital markets: Thesis of a Cand. Econ. Scien. Moscow: HSE University. (In Russian).Подшивалова М. В., Пылаева И. С., Алмршед С. К. (2021). Инновационный профиль предприятий фармацевтической отрасли России: «пациент скорее жив, чем мертв» // Вопросы экономики. № 6. С. 139—156. https://doi.org/10.32609/0042-8736-2021-6-139-156Podshivalova M. V., Pylaeva I. S., Almrshed S. K. (2021). Innovative profile of the Russian pharmaceutical industry. Voprosy Ekonomiki, No. 6, pp. 139—156. (In Russian). https://doi.org/10.32609/0042-8736-2021-6-139-156Романова О. В., Авруцкая С. Г. (2021). Цифровые тренды в фармацевтической отрасли в период пандемии коронавируса // Успехи в химии и химической технологии. Т. 35, № 1. С. 59—61.Romanova O. V., Avrutskaya S. G. (2021). Digital trends in the pharmaceutical industry during the COVID-19 pandemic. Advances in Chemistry and Chemical Technology, Vol. 35, No. 1, pp. 59—61. (In Russian).Росстат (2020). Российский статистический ежегодник. 2020: Стат. сб. М.: Федеральная служба государственной статистики.Rosstat (2020). Russian statistical yearbook 2020. Moscow: Federal State Statistics Service.Скороход А. Ю., Пахтусова В. Н. (2017). Жизненный цикл организации: модельный инструментарий идентификации стадии роста // Общество: политика, экономика, право. № 6. С. 41—46. https://doi.org/10.24158/pep.2017.6.10Skorokhod A. Y., Pakhtusova V. N. (2017). Organizational life cycle: Model tools for identifying the stage of growth. Society: Politics, Economics, Law, No. 6, pp. 41—46. (In Russian). https://doi.org/10.24158/pep.2017.6.10Adizes I. (1989). Corporate lifecycles: How and why corporations grow and die and what to do about it. Englewood Cliffs, NJ: Prentice Hall.Adizes I. (1989). Corporate lifecycles: How and why corporations grow and die and what to do about it. Englewood Cliffs, NJ: Prentice Hall.Angell M. (2004). The truth about the drug companies. How they deceive us and what to do about it. New York: Random House.Angell M. (2004). The truth about the drug companies. How they deceive us and what to do about it. New York: Random House.Anthony J. H., Ramesh K. (1992). Association between accounting performance measures and stock prices: A test of the life cycle hypothesis. Journal of Accounting and Economics, Vol. 15, No. 2—3, pp. 203—227. https://doi.org/10.1016/0165-4101(92)90018-WAnthony J. H., Ramesh K. (1992). Association between accounting performance measures and stock prices: A test of the life cycle hypothesis. Journal of Accounting and Economics, Vol. 15, No. 2—3, pp. 203—227. https://doi.org/10.1016/0165-4101(92)90018-WArdito L., Petruzzelli A., Savino T. (2018). Maturity of knowledge inputs and innovation value: The moderating effect of firm age and size. Journal of Business Research, Vol. 86, pp. 190—201. https://doi.org/10.1016/j.jbusres.2018.02.009Ardito L., Petruzzelli A., Savino T. (2018). Maturity of knowledge inputs and innovation value: The moderating effect of firm age and size. Journal of Business Research, Vol. 86, pp. 190—201. https://doi.org/10.1016/j.jbusres.2018.02.009Ayat M., Malikah Kang C. W. (2021). Effects of the COVID-19 pandemic on the construction sector: A systemized review. Engineering, Construction and Architectural Management. https://doi.org/10.1108/ECAM-08-2021-0704Ayat M., Malikah Kang C. W. (2021). Effects of the COVID-19 pandemic on the construction sector: A systemized review. Engineering, Construction and Architectural Management. https://doi.org/10.1108/ECAM-08-2021-0704Ayati N., Saiyarsarai P., Nikfar S. (2020). Short and long term impacts of COVID-19 on the pharmaceutical sector. DARU Journal of Pharmaceutical Sciences, Vol. 28, pp. 799—805. https://doi.org/10.1007/s40199-020-00358-5Ayati N., Saiyarsarai P., Nikfar S. (2020). Short and long term impacts of COVID-19 on the pharmaceutical sector. DARU Journal of Pharmaceutical Sciences, Vol. 28, pp. 799—805. https://doi.org/10.1007/s40199-020-00358-5Barman A., Das R., De P. K. (2021). Impact of COVID-19 in food supply chain: Disruptions and recovery strategy. Current Research in Behavioral Sciences, Vol. 2, pp. 1—5. https://doi.org/10.1016/j.crbeha.2021.100017Barman A., Das R., De P. K. (2021). Impact of COVID-19 in food supply chain: Disruptions and recovery strategy. Current Research in Behavioral Sciences, Vol. 2, pp. 1—5. https://doi.org/10.1016/j.crbeha.2021.100017Beland L., Fakorede O., Mikola D. (2020). Canadian small businesses’ employees and owners during COVID-19. GLO Discussion Paper Series, No. 650. Global Labor Organization (GLO).Beland L., Fakorede O., Mikola D. (2020). Canadian small businesses’ employees and owners during COVID-19. GLO Discussion Paper Series, No. 650. Global Labor Organization (GLO).Caballero-Morales S.-O. (2021). Innovation as recovery strategy for SMEs in emerging economies during the COVID-19 pandemic. Research in International Business and Finance, Vol. 57, pp. 1—9. https://doi.org/10.1016/j.ribaf.2021.101396Caballero-Morales S.-O. (2021). Innovation as recovery strategy for SMEs in emerging economies during the COVID-19 pandemic. Research in International Business and Finance, Vol. 57, pp. 1—9. https://doi.org/10.1016/j.ribaf.2021.101396Churchill N. C., Lewis V. (1983). The five stages of small business growth. Harvard Business Review, May—June, pp. 1—11.Churchill N. C., Lewis V. (1983). The five stages of small business growth. Harvard Business Review, May—June, pp. 1—11.Coudeville L., Gomez G. B., Jollivet O., Harris R. C., Thommes E., Druelles S., Chit A., Chaves S. S., Mahé C. (2020). Exploring uncertainty and risk in the accelerated response to a COVID-19 vaccine: Perspective from the pharmaceutical industry. Vaccine, Vol. 38, No. 48, pp. 7588—7595. https://doi.org/doi:10.1016/j.vaccine.2020.10.034Coudeville L., Gomez G. B., Jollivet O., Harris R. C., Thommes E., Druelles S., Chit A., Chaves S. S., Mahé C. (2020). Exploring uncertainty and risk in the accelerated response to a COVID-19 vaccine: Perspective from the pharmaceutical industry. Vaccine, Vol. 38, No. 48, pp. 7588—7595. https://doi.org/doi:10.1016/j.vaccine.2020.10.034Cowling M., Liu W., Zhang N. (2018). Did firm age, experience, and access to finance count? SME performance after the global financial crisis. Journal of Evolutionary Economics, Vol. 28, No. 1, pp. 77—100. https://doi.org/10.1007/s00191-017-0502-zCowling M., Liu W., Zhang N. (2018). Did firm age, experience, and access to finance count? SME performance after the global financial crisis. Journal of Evolutionary Economics, Vol. 28, No. 1, pp. 77—100. https://doi.org/10.1007/s00191-017-0502-zDai R., Feng H., Hu J., Jin Q., Li H., Wang R., Wang R., Xu L., Zhang X. (2021). The impact of COVID-19 on small and medium-sized enterprises (SMEs): Evidence from two-wave phone surveys in China. China Economic Review, Vol. 67, pp. 1—20. https://doi.org/10.1016/j.chieco.2021.101607Dai R., Feng H., Hu J., Jin Q., Li H., Wang R., Wang R., Xu L., Zhang X. (2021). The impact of COVID-19 on small and medium-sized enterprises (SMEs): Evidence from two-wave phone surveys in China. China Economic Review, Vol. 67, pp. 1—20. https://doi.org/10.1016/j.chieco.2021.101607Das S., Kundu A., Bhattacharya A. (2020). Technology adaptation and survival of SMEs: A longitudinal study of developing countries. Technology Innovation Management Review, Vol. 10, No. 6, pp. 64—72. https://doi.org/10.22215/timreview/1369Das S., Kundu A., Bhattacharya A. (2020). Technology adaptation and survival of SMEs: A longitudinal study of developing countries. Technology Innovation Management Review, Vol. 10, No. 6, pp. 64—72. https://doi.org/10.22215/timreview/1369Davis J., Edgar T., Porter J., Bernaden J., Sarli M. (2012). Smart manufacturing, manufacturing intelligence and demand-dynamic performance. Computers & Chemical Engineering, Vol. 47, pp. 145—156. https://doi.org/10.1016/j.compchemeng.2012.06.037Davis J., Edgar T., Porter J., Bernaden J., Sarli M. (2012). Smart manufacturing, manufacturing intelligence and demand-dynamic performance. Computers & Chemical Engineering, Vol. 47, pp. 145—156. https://doi.org/10.1016/j.compchemeng.2012.06.037Derqui B., Filimonau V., Matute J. (2021). Assessing the scale of adoption of sustainability practices by community pharmacies in Spain in the time of COVID-19. Sustainable Production and Consumption, Vol. 27, pp. 1626—1636. https://doi.org/10.1016/j.spc.2021.03.034Derqui B., Filimonau V., Matute J. (2021). Assessing the scale of adoption of sustainability practices by community pharmacies in Spain in the time of COVID-19. Sustainable Production and Consumption, Vol. 27, pp. 1626—1636. https://doi.org/10.1016/j.spc.2021.03.034Dickinson V. (2011). Cash flow patterns as a proxy for firm life cycle. Accounting Review, Vol. 86, No. 6, pp. 1969—1994. https://doi.org/10.2308/accr-10130Dickinson V. (2011). Cash flow patterns as a proxy for firm life cycle. Accounting Review, Vol. 86, No. 6, pp. 1969—1994. https://doi.org/10.2308/accr-10130Eggers F., Hansen D. J., Davis A. E. (2012). Examining the relationship between customer and entrepreneurial orientation on nascent firms’ marketing strategy. International Entrepreneurship and Management Journal, Vol. 8, No. 2, pp. 203—222. https://doi.org/10.1007/s11365-011-0173-4Eggers F., Hansen D. J., Davis A. E. (2012). Examining the relationship between customer and entrepreneurial orientation on nascent firms’ marketing strategy. International Entrepreneurship and Management Journal, Vol. 8, No. 2, pp. 203—222. https://doi.org/10.1007/s11365-011-0173-4Greiner L. (1972). Evolution and revolution as organizations grow. Harvard Business Review, Vol. 50, No. 4, pp. 37—46.Greiner L. (1972). Evolution and revolution as organizations grow. Harvard Business Review, Vol. 50, No. 4, pp. 37—46.Hanks S. H., Watson C. J., Jansen E., Chandler G. N. (1993). Tightening the lifecycle construct: A taxonomic study of growth stage configurations in high technology organizations. Entrepreneurship Theory and Practice, Vol. 12, No. 2, pp. 5—30. https://doi.org/10.1177/104225879401800201Hanks S. H., Watson C. J., Jansen E., Chandler G. N. (1993). Tightening the lifecycle construct: A taxonomic study of growth stage configurations in high technology organizations. Entrepreneurship Theory and Practice, Vol. 12, No. 2, pp. 5—30. https://doi.org/10.1177/104225879401800201Heidenreich M. (2009). Innovation patterns and location of European low- and mediumtechnology industries. Research Policy, Vol. 38, No. 3, pp. 483—494. https://doi.org/10.1016/j.respol.2008.10.005Heidenreich M. (2009). Innovation patterns and location of European low- and mediumtechnology industries. Research Policy, Vol. 38, No. 3, pp. 483—494. https://doi.org/10.1016/j.respol.2008.10.005Hervas-Oliver J.-L., Sempere-Ripoll F., Boronat-Moll C. (2021). Technological innovation typologies and open innovation in SMEs: Beyond internal and external sources of knowledge. Technological Forecasting and Social Change, Vol. 162, No. C, article 120338. https://doi.org/10.1016/j.techfore.2020.120338Hervas-Oliver J.-L., Sempere-Ripoll F., Boronat-Moll C. (2021). Technological innovation typologies and open innovation in SMEs: Beyond internal and external sources of knowledge. Technological Forecasting and Social Change, Vol. 162, No. C, article 120338. https://doi.org/10.1016/j.techfore.2020.120338Hirsch-Kreinsen H. (2016). Digitization of industrial work: Development paths and prospects. Journal for Labour Market Research, Vol. 49, No. 1, pp. 1—14.Hirsch-Kreinsen H. (2016). Digitization of industrial work: Development paths and prospects. Journal for Labour Market Research, Vol. 49, No. 1, pp. 1—14.Jackson J. K., Weiss M. A., Schwarzenberg A. B., Nelson R. M., Sutter K. M., Sutherland M. D. (2021). Global economic effects of COVID-19. Washington, DC: Congressional Research Service.Jackson J. K., Weiss M. A., Schwarzenberg A. B., Nelson R. M., Sutter K. M., Sutherland M. D. (2021). Global economic effects of COVID-19. Washington, DC: Congressional Research Service.Karlsson C., Olsson O. (1998). Product innovation in small and large enterprises. Small Business Economics, Vol. 10, pp. 31—46. https://doi.org/10.1023/A:1007970416484Karlsson C., Olsson O. (1998). Product innovation in small and large enterprises. Small Business Economics, Vol. 10, pp. 31—46. https://doi.org/10.1023/A:1007970416484Kneller R. (2010). The importance of new companies for drug discovery: Origins of a decade of new drugs. Nature Reviews Drug Discovery, Vol. 9, pp. 867—882. https://doi.org/10.1038/nrd3251Kneller R. (2010). The importance of new companies for drug discovery: Origins of a decade of new drugs. Nature Reviews Drug Discovery, Vol. 9, pp. 867—882. https://doi.org/10.1038/nrd3251Kowalkowski C., Witell L., Gustafsson A. (2013). Any way goes: Identifying value constellations for service infusion in SMEs. Industrial Marketing Management, Vol. 42, No. 1, pp. 18—30. https://doi.org/10.1016/j.indmarman.2012.11.004Kowalkowski C., Witell L., Gustafsson A. (2013). Any way goes: Identifying value constellations for service infusion in SMEs. Industrial Marketing Management, Vol. 42, No. 1, pp. 18—30. https://doi.org/10.1016/j.indmarman.2012.11.004Lee J., Bagheri B., Kao H.-A. (2014). Recent advances and trends of cyber-physical systems and big data analytics in industrial informatics. Proceeding of International Conference on Industrial Informatics (INDIN), pp. 1—6. https://doi.org/10.13140/2.1.1464.1920Lee J., Bagheri B., Kao H.-A. (2014). Recent advances and trends of cyber-physical systems and big data analytics in industrial informatics. Proceeding of International Conference on Industrial Informatics (INDIN), pp. 1—6. https://doi.org/10.13140/2.1.1464.1920Lefebvre L.-A., Lefebvre E., Colin D. (2009). Process innovation, productivity, and competitiveness in smaller manufacturing firms. Canadian Journal of Administrative Sciences, Vol. 8, No. 1, pp. 19—28. https://doi.org/10.1111/j.1936-4490.1991.tb00659.xLefebvre L.-A., Lefebvre E., Colin D. (2009). Process innovation, productivity, and competitiveness in smaller manufacturing firms. Canadian Journal of Administrative Sciences, Vol. 8, No. 1, pp. 19—28. https://doi.org/10.1111/j.1936-4490.1991.tb00659.xLim S. H. (2021). Promissory shock, broken future: COVID-19 and state-led speculations in biotechnology and pharmaceutical industries in South Korea. Applied Geography, Vol. 136, article 102560. https://doi.org/10.1016/j.apgeog.2021.102560Lim S. H. (2021). Promissory shock, broken future: COVID-19 and state-led speculations in biotechnology and pharmaceutical industries in South Korea. Applied Geography, Vol. 136, article 102560. https://doi.org/10.1016/j.apgeog.2021.102560Miller D., Friesen P. H. (1984). A longitudinal study of the corporate life cycle. Managerial Science, Vol. 30, pp. 1161—1183. https://doi.org/10.1287/mnsc.30.10.1161Miller D., Friesen P. H. (1984). A longitudinal study of the corporate life cycle. Managerial Science, Vol. 30, pp. 1161—1183. https://doi.org/10.1287/mnsc.30.10.1161Mishra N. P., Das S. S., Yadav S., Khan W., Afzal M., Alarifi A., … Nayak A. K. (2020). Global impacts of pre- and post-COVID-19 pandemic: Focus on socioeconomic consequences. Sensors International, Vol. 1, article 100042. https://doi.org/10.1016/j.sintl.2020.100042Mishra N. P., Das S. S., Yadav S., Khan W., Afzal M., Alarifi A., … Nayak A. K. (2020). Global impacts of pre- and post-COVID-19 pandemic: Focus on socioeconomic consequences. Sensors International, Vol. 1, article 100042. https://doi.org/10.1016/j.sintl.2020.100042Morck R., Yeung B. (2001). The economic determinants of innovation. Industry Canada Occasional Paper, No. 25.Morck R., Yeung B. (2001). The economic determinants of innovation. Industry Canada Occasional Paper, No. 25.Munos B. H. (2009). Lessons from 60 years of pharmaceutical innovation. Nature Review Drug Discovery, Vol. 8, pp. 959—968. https://doi.org/10.1038/nrd2961Munos B. H. (2009). Lessons from 60 years of pharmaceutical innovation. Nature Review Drug Discovery, Vol. 8, pp. 959—968. https://doi.org/10.1038/nrd2961Nieminen J. (2019). Innovation maturity matrix — A model to successful innovation transformation. Viima, November 1. https://www.viima.com/blog/innovationmaturity-matrixNieminen J. (2019). Innovation maturity matrix — A model to successful innovation transformation. Viima, November 1. https://www.viima.com/blog/innovationmaturity-matrixOECD (2020). The impact of COVID-19 on SME financing: A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard. OECD SME and Entrepreneurship Papers, No. 22. Paris: OECD Publishing. https://doi.org/10.1787/ecd81a65-enOECD (2020). The impact of COVID-19 on SME financing: A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard. OECD SME and Entrepreneurship Papers, No. 22. Paris: OECD Publishing. https://doi.org/10.1787/ecd81a65-enPatel P., Arundel A., Hopkins M. M. (2008). Sectoral innovation systems in Europe: Monitoring, analysing trends and identifying challenges in biotechnology. Brighton: SPRU, University of Sussex.Patel P., Arundel A., Hopkins M. M. (2008). Sectoral innovation systems in Europe: Monitoring, analysing trends and identifying challenges in biotechnology. Brighton: SPRU, University of Sussex.Pellegrino G., Piva M., Vivarelli M. (2009). How do young companies innovate? Discussion Paper IZA DP, No. 4301. https://doi.org/10.2139/ssrn.1439154Pellegrino G., Piva M., Vivarelli M. (2009). How do young companies innovate? Discussion Paper IZA DP, No. 4301. https://doi.org/10.2139/ssrn.1439154Persson H. (2004). The survival and growth of new establishments in Sweden, 1987—1995. Small Business Economics, Vol. 23, No. 5, pp. 423—440. https://doi.org/10.1007/s11187-004-3992-7Persson H. (2004). The survival and growth of new establishments in Sweden, 1987—1995. Small Business Economics, Vol. 23, No. 5, pp. 423—440. https://doi.org/10.1007/s11187-004-3992-7Powell W.W., Koput K.W., Smith-Doerr L. (1996). Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology. Administrative Science Quarterly, Vol. 41, pp. 116—145. https://doi.org/10.2307/2393988Powell W.W., Koput K.W., Smith-Doerr L. (1996). Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology. Administrative Science Quarterly, Vol. 41, pp. 116—145. https://doi.org/10.2307/2393988Queiroz M. M., Ivanov D., Dolgui A., Fosso Wamba S. (2020). Impacts of epidemic outbreaks on supply chains: Mapping a research agenda amid the COVID-19 pandemic through a structured literature review. Annals of Operations Research, pp. 1—38. https://doi.org/10.1007/s10479-020-03685-7Queiroz M. M., Ivanov D., Dolgui A., Fosso Wamba S. (2020). Impacts of epidemic outbreaks on supply chains: Mapping a research agenda amid the COVID-19 pandemic through a structured literature review. Annals of Operations Research, pp. 1—38. https://doi.org/10.1007/s10479-020-03685-7Rafols I., Hopkins M. M., Hoekman J., Siepel J., O’Hare A., Perianes Rodríguez A., Nightingale P. (2014). Big Pharma, little science? A bibliometric perspective on big pharma’s R&D decline. Technological Forecasting and Social Change, Vol. 81, pp. 22—38. https://doi.org/10.1016/j.techfore.2012.06.007Rafols I., Hopkins M. M., Hoekman J., Siepel J., O’Hare A., Perianes Rodríguez A., Nightingale P. (2014). Big Pharma, little science? A bibliometric perspective on big pharma’s R&D decline. Technological Forecasting and Social Change, Vol. 81, pp. 22—38. https://doi.org/10.1016/j.techfore.2012.06.007Raymond L., St-Pierre J. (2010). R&D as a determinant of innovation in manufacturing SMEs: An attempt at empirical clarification. Technovation, Vol. 30, No. 1, pp. 48—56. https://doi.org/10.1016/j.technovation.2009.05.005Raymond L., St-Pierre J. (2010). R&D as a determinant of innovation in manufacturing SMEs: An attempt at empirical clarification. Technovation, Vol. 30, No. 1, pp. 48—56. https://doi.org/10.1016/j.technovation.2009.05.005Schuhmacher A., Gatto A., Kuss M., Gassmann O., Hinder M. (2021). Big Techs and startups in pharmaceutical R&D — A 2020 perspective on artificial intelligence. Drug Discovery Today, Vol. 26, No. 10, pp. 2226—2231. https://doi.org/10.1016/j.drudis.2021.04.028Schuhmacher A., Gatto A., Kuss M., Gassmann O., Hinder M. (2021). Big Techs and startups in pharmaceutical R&D — A 2020 perspective on artificial intelligence. Drug Discovery Today, Vol. 26, No. 10, pp. 2226—2231. https://doi.org/10.1016/j.drudis.2021.04.028Sen S., Antara N., Sen S., Chowdhury S. (2020). The unprecedented pandemic ‘COVID-19’ effect on the apparel workers by shivering the apparel supply chain. Journal of Textile and Apparel, Technology and Management, Vol. 11, No. 3, pp. 1—20. https://doi.org/10.2139/ssrn.3598542Sen S., Antara N., Sen S., Chowdhury S. (2020). The unprecedented pandemic ‘COVID-19’ effect on the apparel workers by shivering the apparel supply chain. Journal of Textile and Apparel, Technology and Management, Vol. 11, No. 3, pp. 1—20. https://doi.org/10.2139/ssrn.3598542Shin S.-J., Woo J., Rachuri S. (2014). Predictive analytics model for power consumption in manufacturing. Procedia CIRP, Vol. 15, pp. 153—158. https://doi.org/10.1016/j.procir.2014.06.036Shin S.-J., Woo J., Rachuri S. (2014). Predictive analytics model for power consumption in manufacturing. Procedia CIRP, Vol. 15, pp. 153—158. https://doi.org/10.1016/j.procir.2014.06.036Simón-Moya V., Revuelto-Taboada L., Ribeiro-Soriano D. (2016). Influence of economic crisis on new SME survival: Reality or fiction? Entrepreneurship & Regional Development, Vol. 28, No. 1—2, pp. 157—176. https://doi.org/10.1080/08985626.2015.1118560Simón-Moya V., Revuelto-Taboada L., Ribeiro-Soriano D. (2016). Influence of economic crisis on new SME survival: Reality or fiction? Entrepreneurship & Regional Development, Vol. 28, No. 1—2, pp. 157—176. https://doi.org/10.1080/08985626.2015.1118560Slack N., Lewis M. (2014). Operations strategy. 4th ed. Prentice Hall.Slack N., Lewis M. (2014). Operations strategy. 4th ed. Prentice Hall.Stinchcombe A. L. (1965). Social structure and organizations. In: J. G. March (ed.). Handbook of organizations. Chicago: Rand McNally, pp. 142—193.Stinchcombe A. L. (1965). Social structure and organizations. In: J. G. March (ed.). Handbook of organizations. Chicago: Rand McNally, pp. 142—193.Subramanian R., Toney J. H., Jayachandran C. (2011). The evolution of research and development in the pharmaceutical industry: Toward the open innovation model — can pharma reinvent itself? International Journal of Business Innovation and Research, Vol. 5, pp. 63—74. https://doi.org/10.1504/IJBIR.2011.037257Subramanian R., Toney J. H., Jayachandran C. (2011). The evolution of research and development in the pharmaceutical industry: Toward the open innovation model — can pharma reinvent itself? International Journal of Business Innovation and Research, Vol. 5, pp. 63—74. https://doi.org/10.1504/IJBIR.2011.037257Thorgren S., Williams T. A. (2020). Staying alive during an unfolding crisis: How SMEs ward off impending disaster. Journal of Business Venturing Insights, Vol. 14, article e00187. https://doi.org/10.1016/j.jbvi.2020.e00187Thorgren S., Williams T. A. (2020). Staying alive during an unfolding crisis: How SMEs ward off impending disaster. Journal of Business Venturing Insights, Vol. 14, article e00187. https://doi.org/10.1016/j.jbvi.2020.e00187Tirivangani T., Alpo B., Kibuule D., Gaeseb J., Adenuga B. A. (2021). Impact of COVID-19 pandemic on pharmaceutical systems and supply chain — a phenomenological study. Exploratory Research in Clinical and Social Pharmacy, Vol. 2, article 100037. https://doi.org/10.1016/j.rcsop.2021.100037Tirivangani T., Alpo B., Kibuule D., Gaeseb J., Adenuga B. A. (2021). Impact of COVID-19 pandemic on pharmaceutical systems and supply chain — a phenomenological study. Exploratory Research in Clinical and Social Pharmacy, Vol. 2, article 100037. https://doi.org/10.1016/j.rcsop.2021.100037Török Á., Tóth J., Máté Balogh J. (2018). Push or pull? The nature of innovation process in the Hungarian food SMEs. Journal of Innovation & Knowledge, Vol. 4, No. 4, pp. 234—239. https://doi.org/10.1016/j.jik.2018.03.007Török Á., Tóth J., Máté Balogh J. (2018). Push or pull? The nature of innovation process in the Hungarian food SMEs. Journal of Innovation & Knowledge, Vol. 4, No. 4, pp. 234—239. https://doi.org/10.1016/j.jik.2018.03.007Vaisman E. D., Podshivalova M. V., Alola A. A. (2022). Examining the interaction of sustainable innovation activity and the life cycle of small high-tech enterprises. Business Strategy and the Environment, Vol. 31, No. 3, pp. 1018—1029. https://doi.org/10.1002/bse.2932Vaisman E. D., Podshivalova M. V., Alola A. A. (2022). Examining the interaction of sustainable innovation activity and the life cycle of small high-tech enterprises. Business Strategy and the Environment, Vol. 31, No. 3, pp. 1018—1029. https://doi.org/10.1002/bse.2932WCED (1987). Our common future. World Commission on Environment and Development. New York: Oxford University Press.WCED (1987). Our common future. World Commission on Environment and Development. New York: Oxford University Press.Wellalage N. H., Fernandez V. (2019). Innovation and SME finance: Evidence from developing countries. International Review of Financial Analysis, Vol. 66, No. C. https://doi.org/10.1016/j.irfa.2019.06.009Wellalage N. H., Fernandez V. (2019). Innovation and SME finance: Evidence from developing countries. International Review of Financial Analysis, Vol. 66, No. C. https://doi.org/10.1016/j.irfa.2019.06.009Xu Z., Elomri A., Kerbache L., El Omri A. (2020). Impacts of COVID-19 on global supply chains: Facts and perspectives. IEEE Engineering Management Review, Vol. 48, No. 3, pp. 153—166. https://doi.org/10.1109/EMR.2020.3018420Xu Z., Elomri A., Kerbache L., El Omri A. (2020). Impacts of COVID-19 on global supply chains: Facts and perspectives. IEEE Engineering Management Review, Vol. 48, No. 3, pp. 153—166. https://doi.org/10.1109/EMR.2020.3018420Yu D. E. C., Razon L. F., Tan R. R. (2020). Can global pharmaceutical supply chains scale up sustainably for the covid-19 crisis? Resources, Conservation and Recycling, Vol. 159, article 104868. https://doi.org/10.1016/j.resconrec.2020.104868Yu D. E. C., Razon L. F., Tan R. R. (2020). Can global pharmaceutical supply chains scale up sustainably for the covid-19 crisis? Resources, Conservation and Recycling, Vol. 159, article 104868. https://doi.org/10.1016/j.resconrec.2020.104868Zhang Y., Zhang G., Wang J., Sun S., Si S., Yang T. (2014). Real-time information capturing and integration framework of the internet of manufacturing things. International Journal of Computer Integrated Manufacturing, Vol. 28, No. 8, pp. 811—822. https://doi.org/10.1080/0951192X.2014.900874Zhang Y., Zhang G., Wang J., Sun S., Si S., Yang T. (2014). Real-time information capturing and integration framework of the internet of manufacturing things. International Journal of Computer Integrated Manufacturing, Vol. 28, No. 8, pp. 811—822. https://doi.org/10.1080/0951192X.2014.900874Zhu W., Zhang P., Wang Z. (2020). Firm crisis, government support and policy efficiency under the pandemic shock: Evidence from two waves of questionnaire on SMEs. Management World, Vol. 36, No. 4, pp. 13—26.Zhu W., Zhang P., Wang Z. (2020). Firm crisis, government support and policy efficiency under the pandemic shock: Evidence from two waves of questionnaire on SMEs. Management World, Vol. 36, No. 4, pp. 13—26.

The authors declare that there are no conflicts of interest present.