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Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises
Darby, Michael R.; Zucker, Lynne G. - 2021
Advance of science and its commercial applications are in a close, symbiotic relationship in the U.S. biotechnology industry. Comparing Japan and the U.S., the structure of the science appears broadly similar, but the organization of the biotechnology industry is quite dissimilar. In the U.S.,...
Persistent link: https://www.econbiz.de/10013230186
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State Incentives for Innovation, Star Scientists and Jobs : Evidence from Biotech
Moretti, Enrico - 2015
of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech …
Persistent link: https://www.econbiz.de/10013035236
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Public R&D Investments and Private-Sector Patenting : Evidence from NIH Funding Rules
Azoulay, Pierre - 2015
We quantify the impact of scientific grant funding at the National Institutes of Health (NIH) on patenting by pharmaceutical and biotechnology firms. Our paper makes two contributions. First, we use newly constructed bibliometric data to develop a method for flexibly linking specific grant...
Persistent link: https://www.econbiz.de/10013029543
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What is a Patent Worth? Evidence from the U.S. Patent “Lottery”
Farre-Mensa, Joan - 2017
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012960171
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Banking Deregulations, Financing Constraints, and Firm Entry Size
Kerr, William - 2014
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10013070600
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Economics and Politics of Alternative Institutional Reforms
Caselli, Francesco - 2010
(deregulation) and improving contractual enforcement (legal reform). Deregulation fosters entry, thereby increasing the number of … deregulation, as it preserves incumbents' rents, while at the same time allowing the less efficient among them to transfer control …
Persistent link: https://www.econbiz.de/10012760453
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Racial Discrimination and Competition
Levine, Ross - 2014
facing nonfinancial firms, and boosted the rate of new firm formation. We use bank deregulation to identify an exogenous … the black-white wage differential unexplained by Mincerian characteristics. We find that bank deregulation reduced the … racial prejudice, where competition-enhancing bank deregulation eliminated about one-quarter of the racial wage gap after …
Persistent link: https://www.econbiz.de/10012751333
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Open Borders
Kennan, John - 2012
There is a large body of evidence indicating that cross-country differences in income levels are associated with differences in productivity. If workers are much more productive in one country than in another, restrictions on immigration lead to large efficiency losses. The paper quantifies...
Persistent link: https://www.econbiz.de/10013101820
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How Do Hospitals Respond to Market Entry? Evidence from a Deregulated Market for Cardiac Revascularization
Li, Suhui - 2013
Regulatory entry barriers to hospital service markets, namely Certificate of Need (CON) regulations, are enforced in many states; although no longer federally mandated, policy makers in other states are considering reinstating CON policies in tandem with service expansions mandated under the...
Persistent link: https://www.econbiz.de/10013084146
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These are the Good Old Days : Foreign Entry and the Mexican Banking System
Haber, Stephen - 2013
In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned banks. The result has been a dramatic shift in the ownership structure of Mexico's banks. For...
Persistent link: https://www.econbiz.de/10013088399