Report on the impact of dynamic capabilities on sustainable competitive advantage in the pharmaceutical sector in Bangladesh

Abstract

This study is based on my internship at JMI Group. I have done my 3 months’ internship there. I've gained a lot of knowledge. They also provided me a lot of advantages. I have real-world work experience. They greatly aided me in gathering data for this project. In addition, I ran into various issues while I was an intern. My field supervisor and other seniors assist me in finding solutions to those issues. JMI stands for Joint Venture Medical Industry. They are doing great progress. They have joint venture with Japan, South Korea, Turkey and Thailand. They have a lot of businesses beside medical device manufacturing. Their mother concern is manufacturing medical devices. Mr. Md. Abdur Razzaq is the founder and honorable managing director of JMI Group. In this study, details of the company are described. Also, their operative procedures, practices in marketing, Statement of finances, administrative processes and industry competitive analysis are being discussed in this study. Primary and secondary data sources is used to gather the data. 100 managers from different pharmaceutical companies were given questionnaires, which were used to collect the primary data. Secondary data were collected from various journals, articles and books. The findings are consistent with the idea that dynamic capabilities (skills and knowledge) have a substantial impact on the competitive advantage sustainability for pharmaceutical companies in Bangladesh. The study should help Bangladeshi pharmaceutical companies make wise investment decisions and identify any gaps in their dynamic capacities that require filling.