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The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
Persistent link: https://www.econbiz.de/10009368491
We propose and study a simple stochastic model for the dynamics of a limit order book, in which arrivals of market order, limit orders and order cancellations are described in terms of a Markovian queueing system. Through its analytical tractability, the model allows to obtain analytical...
Persistent link: https://www.econbiz.de/10008794238
We propose and study a simple stochastic model for the dynamics of a limit order book, in which arrivals of market order, limit orders and order cancellations are described in terms of a Markovian queueing system. Through its analytical tractability, the model allows to obtain analytical...
Persistent link: https://www.econbiz.de/10010631316
In 2009, Sanofi-Aventis, whose generic subsidiary is Winthrop, merges with the generic firm, Zentiva. This paper fills the gap in the theoretical literature concerning mergers in pharmaceutical markets. To prevent generic firms from increasing their market share, some brand-name firms produce...
Persistent link: https://www.econbiz.de/10008791109
acquisitions that accompanied the "Biotech revolution". We evaluate the impact of past innovative activity on firms' innovation … importance of small firms for the technological change in pharmaceuticals, and suggest that large firms may persist in using …
Persistent link: https://www.econbiz.de/10010750721
in essential sectors such as pharmaceuticals. At the outset, they shared some common features: a considerable period of …. However, over fifty years, India has had much more success in building indigenous capabilities in pharmaceuticals than Brazil … policy played a crucial role and the endogenous responses in the national system of innovation consisted of two parts. On the …
Persistent link: https://www.econbiz.de/10011026144
This paper examines the relationship bewteen cross-country differences in drug price regulation and the location of … less likely to locate new investments in countries with more stringent price regulation. …
Persistent link: https://www.econbiz.de/10008839538
Project Portfolio Management (PPM) is a growing issue in both professional and academic circles. The typology of Cooper et al. (1998) has pictured the variety of PPM formalized approaches into four types (financial, strategic, scoring and “bubble diagram”). While the use of formalized...
Persistent link: https://www.econbiz.de/10008791076
External referencing (ER) imposes a price cap for pharmaceuticals based on prices of identical products in foreign …
Persistent link: https://www.econbiz.de/10008793124
Using a sample of 46 000 EU firms from the Community Innovation Survey, this paper analyses the drivers of innovation … adoption. In contrast to most empirical studies on innovation diffusion in which a specific technology is analyzed, this study … applied in a context of binary endogenous variable to explain the choices made by firms regarding innovation. Distinctions are …
Persistent link: https://www.econbiz.de/10008791633