This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries … duration and content of patent and price control regimes. Price regulation strongly delays launch, while longer and more … extensive patent protection accelerates it. Health policy institutions, and economic and demographic factors that make markets …

In this paper, we examine how software vulnerabilities affect firms that license software and consumers that purchase … software. In particular, we model three decisions of the firm: (i) an upfront investment in the quality of the software to … software. We also model two decisions of the consumer: (i) whether to purchase the software; and (ii) whether to apply a patch. …

sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs …-run performance, but also infl ates their acquisition prices, and lowers their acquirers' overall profits. Patent law usefulness …