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Is there a trade-off between academic research and faculty entrepreneurship? : evidence from U.S. NIH supported biomedical researchers
Czarnitzki, Dirk; Toole, Andrew A. - 2009
Is there a trade-off of scholarly research productivity when faculty members found or join for-profit firms? This paper offers an empirical examination of this question for a subpopulation of biomedical academic scientists who received research funding from the U.S. National Institutes of Health...
Persistent link: https://www.econbiz.de/10003835125
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Biomedical academic entrepreneurship through the SBIR program
Toole, Andrew A. (contributor); Czarnitzki, Dirk (contributor) - 2005
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early-stage financing and scientist involvement in...
Persistent link: https://www.econbiz.de/10003025585
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Dynamic optimal capital structure and technological change
Lööf, Hans - 2003
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10011448232
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Wage divergence and unemployment : the impact of insider power and training costs
Muysken, Joan; Zwick, Thomas - 2000
general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … outsiders in the USA do not possess a powerful credible threat to improve their position. This is a consequence from higher … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10011444759
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A mean variance king? : creation and resolution of uncertainty under the employment report's reign
Hautsch, Nikolaus; Hess, Dieter - 2001
This paper delineates the simultaneous impact of non-anticipated information on first and second moments of the intraday price process by including appropriate variables accounting for the news flow into both the mean and the variance function. This allows us to differentiate between the...
Persistent link: https://www.econbiz.de/10011446937
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Children in need of medical innovation
Entorf, Horst (contributor); Fegert, Jörg (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002137134
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How do drug prices respond to a change from external to internal reference pricing? : evidence from a Danish regulatory reform
Kaiser, Ulrich; Mendez, Susan J. - 2015 - This version: January 5, 2015
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals …
Persistent link: https://www.econbiz.de/10010462523
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Regulation of pharmaceutical prices : evidence from a reference price reform in Denmark
Kaiser, Ulrich; Mendez, Susan J.; Rønde, Thomas - 2010
On April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate...
Persistent link: https://www.econbiz.de/10008660633
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Policy-induced environmental technology and incentive efforts : is there a crowding out?
Hottenrott, Hanna; Rexhäuser, Sascha - 2013
Significant policy effort is devoted to stimulate the development, adoption and diffusion of environmentally-friendly technology. Sceptics worry about the effects of regulation-induced environmental technology on firms' competitiveness. Since innovation is a crucial productivity driver, a...
Persistent link: https://www.econbiz.de/10010225529
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Attenuation bias when measuring inventive performance
Zwick, Thomas; Frosch, Katharina - 2016
Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example age and education as drivers of patenting success have biased coefficients and too high...
Persistent link: https://www.econbiz.de/10011433501