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The purpose of this article is to propose a more accurate methodology and valuation as to the consumer welfare effect of reverse exclusionary settlements in the context of patent litigation cases between brand and generic pharmaceutical firms. In contrast to the FTC Findings that reverse...
Persistent link: https://www.econbiz.de/10014192866
In this paper, we empirically investigate the causal nexus between economic growth (GDP), CO2 emissions (environmental degradation), financial development, and trade openness using the ordinary least squares technique for a yearly panel data of 40 European economies, during the period of study...
Persistent link: https://www.econbiz.de/10011881568
This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral...
Persistent link: https://www.econbiz.de/10012864120
We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial reforms affect R&D investment and patent activity. First, a "micro" reformthat abolishes barriers to entry in the banking sector produces a straightforward result: a decrease in...
Persistent link: https://www.econbiz.de/10012508542
The Constitution gives Congress the power to "promote the Progress of Science and useful Arts." The patent system embodies this power, but does it fulfill its essential purpose? This Note explores the scope of the exclusive rights of patents, arguing that in many circumstances the exclusive...
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events. Rather, I derive from the historical evidence a theory of economic progress in general.The particular ‘sample' from … which I derive my theory is the economic history of preindustrial Europe. To test the theory ‘out of sample', I apply it to … Europe.The theory begins by broadening the definition of economic activity. Usually economic activity is identified with …
Persistent link: https://www.econbiz.de/10013135194