Understanding firm, physician and consumer choice behavior in the pharmaceutical industry

Puneet Manchanda, Dick R. Wittink, Andrew Ching, Paris Cleanthous, Min Ding, Xiaojing J. Dong, Peter S.H. Leeflang, Sanjog Misra, Natalie Mizik, Sridhar Narayanan, Thomas Steenburgh, Jaap E. Wieringa, Marta Wosinska, Ying Xie

Research output: Contribution to journalArticlepeer-review

Abstract

This paper argues that the pharmaceutical industry represents an exciting opportunity to carry out academic research. The nature of the industry allows researchers to answer new questions, develop new methodologies for answering these questions as well as to apply existing methodology to new data. The paper opens with some industry background, then provides a brief overview of some important research areas and discusses the open questions in each area. Issues of data type and availability are also discussed.

Original languageEnglish (US)
Pages (from-to)293-308
Number of pages16
JournalMarketing Letters
Volume16
Issue number3-4
DOIs
StatePublished - Dec 1 2005

Keywords

  • New products
  • Patient compliance
  • Pharmaceutical marketing
  • Pharmaceutical pricing
  • Physician networks
  • Response models

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics
  • Marketing

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