5. Country Advantages
Comparative Advantage
Top pharmaceutical
companies(Medicame
nt)
Swiss Watches
Swiss chocolate
Swiss is also popular
for its Secretive
banking Sector
It’s also popular for
Hospitality Sector
Absolute Advantage
Tourism industry
Direct Democracy
Location (land
locked)
Hydropower
Agriculture Products
6. Comparative Advantage
Medicament (Pharmaceutical):
It contributes to 5.7% of the GDP
Contributes to 30% of the exportations
Employs about 135'000 people
Some popular pharmaceutical companies are:
Novartis (Sandoz), Hoffmann-La Roche, Basilea
Pharmaceutica, Actelion andStraumann, Merck
Serono (Serono), Ferring
Pharmaceuticals, Debiopharm, Nycomed, JanssenCilag, Galderma,Mondobiotech, Naari, Weleda, Octapharm
a and Frewitt.
8. Factors of Production
Natural resources
44 % of total private research spending in the Swiss industry
Switzerland’s economy is based on a highly qualified labor force
performing highly skilled work
Switzerland is an important research location for the
chemical and pharmaceutical industry. The number of Nobel
prizes awarded to chemists, biologists and physicians attest
the internationally outstanding quality of research in
Switzerland.
Switzerland's R&D spending sits at 2.7 per cent of its GDP
Labor
Capital
Entrepreneurship
As number of noble prizes is won by Swiss in this industry so
entrepreneurs are motivated
Information
Switzerland come on 3rd number in world ranking in the use of
technology
9. Firm Strategy, Structure &
Rivalry
Firm Strategy
Commercial excellence, launching effective products
irrespective of price factor
Structure
The country pharmaceutical industry posses horizontal
structure, because of which this industry is booming
day by day
Rivalry for Swiss medicine industry is Germany,
France & Ireland
Rivalry
10. Demand Condition
Only approximately 5 % of the sales are in the
home market; 95 % of the industry's
production are exported
Europe and America each share about 40 % of
the sales, while Asia takes in 23 %
Switzerland is number 8 among the biggest
export nations
11. Related & Supporting Industries
Human or animal blood prepared for therapeutic
uses
Medical,surgical,dental or vet instruments
Antibiotics
Nucleic acids and their salts
Machines for the removal of material by laser or
other optic means
Carboxyamide-function compounds
Orthopedic appliances, including crutches; splints
and other fracture appliances; artificial parts of the
body; hearing aids