Similar Search Results

Words in Patents: Research Inputs and the Value of Innovativeness in Invention

Packalen, Mikko; Bhattacharya, Jay - National Bureau of Economic Research (NBER) - 2012

Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....

Persistent link: https://www.econbiz.de/10010821823

New Ideas in Invention

Packalen, Mikko; Bhattacharya, Jay - National Bureau of Economic Research (NBER) - 2015

A key decision in research is whether to try out new ideas or build on more established ideas. In this paper, we evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for invention, their adoption as research inputs in the...

Persistent link: https://www.econbiz.de/10011159886

Cities and Ideas

Packalen, Mikko; Bhattacharya, Jay - National Bureau of Economic Research (NBER) - 2015

Faster technological progress has long been considered a key potential benefit of agglomeration. Physical proximity to others may help inventors adopt new ideas in their work by increasing awareness about which new ideas exist and by enhancing understanding of the properties and usefulness of...

Persistent link: https://www.econbiz.de/10011159889

Age and the Trying Out of New Ideas

Packalen, Mikko; Bhattacharya, Jay - National Bureau of Economic Research (NBER) - 2015

Older scientists are often seen as less open to new ideas than younger scientists. We put this assertion to an empirical test. Using a measure of new ideas derived from the text of nearly all biomedical scientific articles published since 1946, we compare the tendency of younger and older...

Persistent link: https://www.econbiz.de/10011159890

Quality-Constant Price Indexes for the Ongoing Treatment of Schizophrenia: An Exploratory Study

Frank, Richard G.; Berndt, Ernst R.; Busch, Alisa B. - National Bureau of Economic Research (NBER) - 2003

Health care expenditures have been increasing sharply in the last ten years, with spending on mental health disorders being particularly prominent. Over the same time period, a number of new antipsychotic medications have been added to the armamentarium for treatment of persons diagnosed with...

Persistent link: https://www.econbiz.de/10005050061

Price Indexes for Medical Care Goods and Services: An Overview of Measurement Issues

Cutler, David M.; Berndt, Ernst R.; Frank, Richard G.; … - National Bureau of Economic Research (NBER) - 1998

We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price indexes in the U.S., particularly the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). We outline salient features of the medical...

Persistent link: https://www.econbiz.de/10005050391

Price Indexes for Acute Phase Treatment of Depression

Berndt, Ernst R.; Busch, Susan H.; Frank, Richard G. - National Bureau of Economic Research (NBER) - 1998

Although broad trends in medical spending in the U.S. over the last decade have received widespread attention from policymakers, very little attention has focused on the components of those changes. For many other industries, economists typically divide nominal expenditures by an official...

Persistent link: https://www.econbiz.de/10005723024

Advanced Purchase Commitments for a Malaria Vaccine: Estimating Costs and Effectiveness

Kremer, Michael; Berndt, Ernst R.; Glennerster, Rachel; … - National Bureau of Economic Research (NBER) - 2005

To overcome the problem of insufficient research and development (R&D) on vaccines for diseases concentrated in low-income countries, sponsors could commit to purchase viable vaccines if and when they are developed. One or more sponsors would commit to a minimum price that would be paid per...

Persistent link: https://www.econbiz.de/10005778504

Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation

Bhattacharya, Jay; Packalen, Mikko - National Bureau of Economic Research (NBER) - 2008

opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size. …

Persistent link: https://www.econbiz.de/10005829046

Real Output in Mental Health Care During the 1990s

Berndt, Ernst R.; Busch, Alisa B.; Frank, Richard G.; … - National Bureau of Economic Research (NBER) - 2005

Health accounts document changes over time in the level and composition of health spending. There has been a continued evolution in the ability to track such outlays. Less rapid has been the ability to interpret changes in spending. In this paper we apply quality adjusted price indexes for...

Persistent link: https://www.econbiz.de/10005061548