Cook, Joseph; Golec, Joseph; Vernon, John; Pink, George - In: International Journal of the Economics of Business 18 (2011) 2, pp. 225-238
Drug innovation relies on cumulative, path-dependent, incremental research and development (R&D). In oncology, path … population, but innovation builds on itself. The next innovation may use a recently developed drug in a new way - e.g., a new … cases, innovation on a current drug can be the development of a next generation drug. Yet, few have studied how path …