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Intellectual Property Rights and Innovation : Evidence from the Human Genome

Williams, Heidi L. - 2010

Do intellectual property (IP) rights on existing technologies hinder subsequent innovation? Using newly-collected data …'s short-term IP had persistent negative effects on subsequent innovation relative to a counterfactual of Celera genes having …

Persistent link: https://www.econbiz.de/10012462442

Risks to the Returns to Medical Innovation : The Case of Myriad Genetics

Clemens, Jeffrey - 2015

discuss the implications of the risks we analyze for the total volume of medical innovation and for its organization across …

Persistent link: https://www.econbiz.de/10012457199

Dynamic Efficiency and Pricing of Innovations with Insurance : The Case for Gene Therapies

Basu, Anirban - National Bureau of Economic Research - 2024

I demonstrate that to achieve dynamic efficiency, the optimal share of total surplus that a social payer should transfer to an innovating industry for a current asset depends on the marginal product of investment and the share of profits invested by the industry on the current asset and not on...

Persistent link: https://www.econbiz.de/10014544758

Bubbles and the Value of Innovation

Haddad, Valentin; Ho, Paul; Loualiche, Erik - National Bureau of Economic Research - 2022

document two ways the market valuation of innovation and its economic impact become disconnected during bubbles. Specifically … firms will succeed that reconciles both the facts, unlike existing models of bubbles. Optimal innovation policy during …Booming innovation often coincides with intense speculation in financial markets. Using over a million patents, we …

Persistent link: https://www.econbiz.de/10013191012

Adoption Curves and Social Interactions

Brock, William A. - 2009

This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...

Persistent link: https://www.econbiz.de/10012463584

(Co-)Working in Close Proximity : Knowledge Spillovers and Social Interactions

Roche, Maria P.; Oettl, Alexander; Catalini, Christian - National Bureau of Economic Research - 2022

We examine the influence of physical proximity on between-startup knowledge spillovers at one of the largest technology co-working hubs in the United States. Relying on the random assignment of office space to the hub's 251 startups, we find that proximity positively influences knowledge...

Persistent link: https://www.econbiz.de/10013334339

Damages and Injunctions in the Protection of Proprietary Research Tools

Schankerman, Mark - 1999

Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and injunctions. We investigate how damages under a liability rule and the opportunity for injunctions under a property rule can affect the incentives to develop research tools. We show...

Persistent link: https://www.econbiz.de/10012471710

Estimating the Financial Impact of Gene Therapy in the U.S.

Wong, Chi Heem; Li, Dexin; Wang, Nina; Gruber, Jonathan; … - National Bureau of Economic Research - 2021

We empirically assess the potential financial impact of future gene therapies on the US economy. After identifying 109 late-stage gene therapy clinical trials currently underway, we estimate the number of new and existing patients with corresponding diseases to be treated by these gene...

Persistent link: https://www.econbiz.de/10012510507

Improving the Availability of Unrelated Stem Cell Donors : Evidence from a Major Donor Registry

Haylock, Michael Robert; Kampkötter, Patrick; Macis, Mario - National Bureau of Economic Research - 2022

The unavailability of potential stem cell donors poses a critical challenge for donor registries worldwide. This study investigates the impact of initiatives of a stem cell donor registry to enhance donors' availability for confirmatory typing. Initiatives ask donors to provide a sample for...

Persistent link: https://www.econbiz.de/10013172156

How Agricultural Biotechnology Boosts Food Supply and Accomodates Biofuels

Sexton, Steven - 2011

Increased global demand for biofuels is placing increased pressure on agricultural systems at a time when traditional sources of yield improvements have been mostly exhausted, generating concerns about the future of food prices. This paper estimates the impact of global adoption of genetically...

Persistent link: https://www.econbiz.de/10012461958

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