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

the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …

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 …

applied to the case of Computed Tomography (CT) Scanners, a revolutionary innovation in medical technology. The econometric … from innovation is used primarily to compute a social rate of return to R&D, to explore the interrelation between … innovation and diffusion, and to trace the time profile of benefits and costs, the latter suggesting the possible occurance of …

Pharmaceutical innovation policy involves managing a tradeoff between high prices for new products in the short … pharmaceuticals, suggesting low(er) price markets may have different dynamics with respect to innovation policy …

from pharmaceutical innovation. Extending previous studies of the welfare benefits from innovation (Trajtenberg, 1990 …

segmentation) shaped the underlying incen- tives for innovation in the PC industry during the mid to late 1980s …