The impact of market demand, government intervention and environment changes on the output of healthcare research in China

Autor:	Xiting Gong, Jinsong Wang, Qingjiu Tao, Qiwen Wang
Rok vydání:	2010
Předmět:	Product (business) Economic growth Government Economic interventionism General Decision Sciences Public policy Business China General Business Management and Accounting Productivity Market failure Supply and demand
Zdroj:	International Journal of Information Systems and Change Management. 4:258
ISSN:	1479-313X 1479-3121
DOI:	10.1504/ijiscm.2010.033079
Popis:	In this paper, we attempt to investigate the impact of market demand, government intervention and environment changes on Chinese healthcare research and productivity. We investigate a large dataset covering healthcare research and publication report over 28 medical sub-disciplines from January 1995 to October 2008 (covering a total of 5,808,894 publications). The results indicate that market, government policy and environment changes are of significant impact on Chinese healthcare research. The impact can both be short-term or long-term in nature. There is clear indication of market failure in supply of healthcare research as a public product. While both within the realm of traditional Chinese healthcare studies, traditional Chinese medicine suffered much more significant impact from globalisation than traditional Chinese pharmacology. To eliminate the negative impact of market failure and deteriorating environment, Chinese Government needs to find a sustainable mechanism of intervention and guidance. More research on the impact of Western/modern culture on authentic Eastern culture is needed in the future.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d19ded4cf5bc68aca0d93eeb00de2b0c https://doi.org/10.1504/ijiscm.2010.033079 Zobrazit plný text záznamu