economics programmes to train more health economists. One of the common problems with many of these training programmes is that …-education and over-regulation) have lead to a situation where economic evaluation methods may adversely limit innovation of …

Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping … stifling broad sectoral innovation. We conclude with speculations regarding how this oligopolistic future might be averted …

paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …

In this Paper, I explore the circumstances under which innovation processes without secrecy or intellectual property …

may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …