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. Here we explore the importance within the biotechnology industry of the non-financial metrics firms used to convey value … was a change over time in the importance of various metrics in determining the value of a biotechnology firm. We find that … value. Our results also suggest that the biotechnology regime changed and the Nobel Prize lost its luster as a signal of …
Persistent link: https://www.econbiz.de/10012749932
This paper considers the U.S. Small Business Innovation research (SBIR) program as a policy fostering academic entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early-stage financing and scientist involvement in...
Persistent link: https://www.econbiz.de/10012750684
operate as well as concentration in the agricultural biotechnology industry also emerged due to intellectual property rights …
Persistent link: https://www.econbiz.de/10013039091
We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech employers by a state raises the number of star biotech...
Persistent link: https://www.econbiz.de/10013035236
The exchange rate consistent with high employment and a balanced current account are rarely the same as the rates consistent with asset market equilibrium at interest rates policy makers wish to prevail. Whenever rates are freely determined the assets markets prevail and the results may be hard...
Persistent link: https://www.econbiz.de/10013308507
breakthroughs (e.g., biotechnology, lasers, semiconductors, nanotechnology). Unless congruent with incumbents' science and …
Persistent link: https://www.econbiz.de/10013311623
In this paper, we examine the determinants of control rights in technology strategic alliances between biotechnology … firms and pharmaceutical corporations, as well as with other biotechnology firms. We undertake three clinical studies and an …
Persistent link: https://www.econbiz.de/10013224324
Using detailed data on biotechnology in Japan, we find that identifiable collaborations" between particular university …
Persistent link: https://www.econbiz.de/10013227202
profound, biotechnology applications in this large incumbent firm are more likely to be combined with other techno- logies than … in the new biotechnology firms (NBFs) which use biotechnology for both discovery and production of new therapeutic … more effective applications of the new technologies, but it could retard full adoption of biotechnology. It appears that …
Persistent link: https://www.econbiz.de/10013230595
While the potential for intellectual property rights to inhibit the diffusion of scientific knowledge is at the heart of several contemporary policy debates, evidence for the %u201Canti-commons effect%u201D has been anecdotal. A central issue in this debate is how intellectual property rights...
Persistent link: https://www.econbiz.de/10013230611