Showing 1 - 10 of 660
The achievements in agricultural innovation over the past century have been impressive, supporting large increases in … operate as well as concentration in the agricultural biotechnology industry also emerged due to intellectual property rights …
Persistent link: https://www.econbiz.de/10012462857
Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic …
Persistent link: https://www.econbiz.de/10012481616
We examine the impact of pharmaceutical innovation on the longevity of Australians during the period 1995-2003. Due to … the government's Pharmaceutical Benefits Scheme, Australia has much better data on drug utilization than most other …
Persistent link: https://www.econbiz.de/10012464638
The local academic science base plays a dominant role in determining where and when biotechnology is adopted by … pharmaceutical business -- biotechnology's most important application -- the performance enhancement associated with this … biotechnology, with the latter playing a somewhat larger role. De nova entry was determined similarly as if entry and organizational …
Persistent link: https://www.econbiz.de/10012471542
This paper investigates the local impact of biomedical research on mortality in the USA. Causally estimating the marginal value of biomedical research is challenging due to a lack of micro data linking health outcomes to plausibly exogenous variation in research. We create a new linkage between...
Persistent link: https://www.econbiz.de/10012660098
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/10012477421
Recent policy attention has focused on proposals to reduce prices for drugs that have received public funding. From an implementation perspective, such policies rely on public disclosure of government support for research. In this paper, we highlight two conceptual problems with past attempts to...
Persistent link: https://www.econbiz.de/10012482567
. 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/10012464045
The biotechnology industry has been an engine of innovation for the U.S. healthcare system and, more generally, the U … North American Industry Classification System (NAICS) as biotechnology firms to estimate several Fama-French three factor …In the current study we find that biotechnology firms are exposed to greater financial risk than other industries and …
Persistent link: https://www.econbiz.de/10012465042
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 "anti-commons effect" has been anecdotal. A central issue in this debate is how intellectual property rights over a given...
Persistent link: https://www.econbiz.de/10012467215