Foreign technology in the pharmaceutical branch in Portugal: an econometric essay

Abstract

This text is the result from a study to which one had submitted 91 agreements concerning foreign technology, in force in a certain number of enterprises of the Portuguese pharmaceutical industry. Those agreements had been first treated through an inquiry. This made available a considerable lot of basic empirical information, a large part of which was reduced to codified information, likely to be treated more sophisticately. In this sense one made a first essay of exploration either as to the available basic information (which may be improved, indeed) or as the potentialities of multiple linear regression models. The course run in using such models, mainly concerning the solution of the third phase in the analysis already achieved, shows a relative margin of imaginative action, likely to lead to good results. But it is the field of simultaneous estimation, in spite of the difficulties it raises, that is with the near horinzon of the authors' concerning, as a méthodologie framework for proceeding the study now begun.