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The contribution of this paper is twofold. First, it presents the results of a “history-friendly” simulation model of evolution of the pharmaceutical industry. Second, it aims at contributing to a more general methodological discussion about agent-based models by proposing an econometric...
Persistent link: https://www.econbiz.de/10010907946
pharmaceuticals. Thus, we explore the way in which changes in the technological regime and/or in the structure of demand may generate … fundamental determinants of the patterns of innovation, the demand structure plays a crucial role in preventing the emergence of …
Persistent link: https://www.econbiz.de/10011001837
to patent protection on pharmaceuticals that can affect health care and delivery in developing countries. The potential … that intellectual property rights may have on restricting their space for innovation and learning in the pharmaceutical …
Persistent link: https://www.econbiz.de/10005209723
contribution by Lichtenberg (2004), which relates longevity in the United States to pharmaceutical innovation and public health …
Persistent link: https://www.econbiz.de/10005256856
&D). Focusing on pharmaceuticals and biotechnology industries, this paper analyses the challenges and prospects facing the two … countries in global innovation. Large supplies of highly skilled professionals and well-established science and technology … left out of the new innovations. A good example is the case of Indias pharmaceuticals industry. The leading Indian …
Persistent link: https://www.econbiz.de/10009363548
The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
Persistent link: https://www.econbiz.de/10009368491
%. An elasticity below 1 is also a plausible implication of the hypothesis that innovation in pharmaceuticals is becoming …This paper quantifies the relationship between market size and innovation in the pharmaceutical industry using improved …, and newer, methods and data. We find positive significant elasticities of innovation to expected market size with a point …
Persistent link: https://www.econbiz.de/10009369352
has become more knowledge-based and a market for innovation has emerged between research start-ups, development …
Persistent link: https://www.econbiz.de/10009275870