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Expected Profits and The Scientific Novelty of Innovation

Dranove, David - 2020

Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …

Persistent link: https://www.econbiz.de/10012481677

Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence

David, Paul A. - 1999

Is public R&D spending complementary and thus "additional" to private R&D spending, or does it substitute for and tend to "crowd out" private R&D? Conflicting answers are given to this question. We survey the body of available economectric evidence accumulated over the past 35 years. A framework...

Persistent link: https://www.econbiz.de/10012471411

Identifying Age, Cohort and Period Effects in Scientific Research Productivity : Discussion and Illustration Using Simulated and Actual Data on French Physicists

Hall, Bronwyn H. - 2005

The identification of age, cohort (vintage), and period (year) effects in a panel of individuals or other units is an old problem in the social sciences, but one that has not been much studied in the context of measuring researcher productivity. In the context of a semi-parametric model of...

Persistent link: https://www.econbiz.de/10012466933

Characterizing the Drug Development Pipeline for Precision Medicines

Chandra, Amitabh - 2017

Precision medicines - therapies that rely on the use of genetic, epigenetic, and protein biomarkers - create a better match between patients with specific disease subtypes and medications that are more effective for those patients. This heterogeneity in response has implications for the decision...

Persistent link: https://www.econbiz.de/10012453687

Innovation and Market Value

Hall, Bronwyn H. - 1999

Recent research on financial market valuation of the knowledge assets of publicly traded firms is surveyed. The motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is briefly presented. Then the empirical literature that relates...

Persistent link: https://www.econbiz.de/10012471824

The Economics of Medical Procedure Innovation

Dranove, David; Garthwaite, Craig; Heard, R. Christopher; … - National Bureau of Economic Research - 2021

This paper explores the economic incentives for medical procedure innovation. Using a proprietary dataset on billing … code applications for emerging medical procedures, we highlight two mechanisms that could hinder innovation. First, the … administrative hurdle of securing permanent, reimbursable billing codes substantially delays innovation diffusion. We find that …

Persistent link: https://www.econbiz.de/10012660115

The Value of Patents as Indicators of Inventive Activity

Griliches, Zvi - 1986

This paper summarizes a number of studies which use patent data to examine different aspects of technological change. It describes our firm level data set construction effort; reports on the relationship between RLD expenditures and the level of patenting; analyzes the relationship between...

Persistent link: https://www.econbiz.de/10012476987

Tax Policy for Innovation

Hall, Bronwyn H. - 2019

A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...

Persistent link: https://www.econbiz.de/10012479723

Patents, Innovation, and Development

Hall, Bronwyn H. - 2020

I survey some recent research on the role of patents in encouraging innovation and growth in developing economies … discuss research on the implications of patents for international technology transfer and domestic innovation. This is … performance, and the impact on pharmaceutical patenting and domestic innovation. The conclusion suggests that patents may be …

Persistent link: https://www.econbiz.de/10012481786

The role of patent protection in (clean/green) technology transfer

Hall, Bronwyn H. - 2010

innovation and international technology transfer in general. The literature suggests that patent protection in a host country … encourages technology transfer to that country but that its impact on innovation and development is much more ambiguous. We then … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …

Persistent link: https://www.econbiz.de/10012462333