The Compromised Healthcare Sector of India and Other Southeast Asian Countries: Open Avenues for Foreign Collaboration
Open accessAbstract
This chapter aims to focus on the umpteen challenges in the healthcare sector of India which temper the possibility of partnerships with India and the 10 Southeast Asian countries. India's expenditure on the healthcare sector is only 1% of GDP, less than neighboring ASEAN countries. The Indian Government has privatised the healthcare sector. In the second wave of COVID-19, public and private hospitals are operating at full capacity with shortages of life-saving medicines, oxygen, ventilators, and vaccines. Lower middle-income groups and the poor are suffering the most. Nations of the world, medical scientific community, and pharmaceutical companies put their resources together to discover a vaccine for coronavirus within a year. To have an effective and sustainable model of doing business in healthcare, it is important to have partnerships and integrating best practices and innovations for improving and providing equitable and affordable access to healthcare.
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Organizations that have a strong technology infrastructure and the capacity to keep it current are better prepared for AI adoption.
“According to research, organizations that have a strong technology infrastructure and the capacity to keep it current are better prepared for AI adoption (Jarrahi, 2018; Goswami, 2021).”
From Exploring the antecedents of AI adoption for effective HRM practices in the Indian pharmaceutical sector (2023) · cites this paper as Goswami, 2021
Competitive pressure, organizational preparedness, and technological readiness could not establish relationships with AI adoption because availability of resources and commitment is necessary for structural changes, and government spending on healthcare was just 1% of GDP before the pandemic.
“However, competitive pressure, organizational preparedness, and technological readiness could not establish relationships with AI adoption as the availability of resources and commitment is a must for bringing structural changes to the organization (Garrison et al., 2015); in addition to this, overall, the government spending on healthcare sector was just 1% of the GDP before the pandemic (Goswami”
From Exploring the antecedents of AI adoption for effective HRM practices in the Indian pharmaceutical sector (2023) · cites this paper as Goswami, 2021
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Goswami, M., Jain, S., Alam, T., Deifalla, A. F., Ragab, A. E., & Khargotra, R. (2023) · Frontiers in Pharmacology · doi:10.3389/fphar.2023.1215706 · Cited by 33 · see citing works
Self-citation
- Authors
- Goswami, M.
- Affiliations
- GLA University (IN)
- Corresponding author
- Goswami, Manisha
- ORCID
- Goswami, Manisha
- Venue
- Advances in Finance, Accounting, and Economics
- Publisher
- IGI Global
- Published
- 2022
- Pages
- 226-248
- ISSN
- 2327-5677 (ISSN-L)
- 2327-5685
- OpenAlex
- W3213474062
- Cited by
- 1
- References
- 64
- Citations by year
- 2023: 1
- FWCI
- 1.57
- Type
- book chapter
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- cc-by
- Locations
- Advances in finance, accounting, and economics book series (publishedVersion, cc-by)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Healthcare Systems and Reforms
- Health Sciences › Health Professions › General Health Professions › Healthcare Systems and Practices
- Health Sciences › Health Professions › General Health Professions › Healthcare, Law, Governance, and Management Studies
- Keywords
- health sector, India, Southeast Asia, health care expenditure, COVID-19 pandemic, vaccine shortage, health partnerships, health care equity, affordable healthcare, pharmaceutical industry
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