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Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model nests existing theories of laboratory research and...
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The purpose of this article is to describe the innovative strategies that were used to develop the first National health insurance program in the United States. The first innovative provisions was the development a fund to expand health coverage under the State Medicaid programs to expand...
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A problem perennially facing scholars of both intellectual property and health law is the need to incentivize appropriately the development of new pharmaceuticals. Although physicians have an arsenal of drugs to treat conditions like high blood pressure or cholesterol, they lack effective...
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This paper reexamines how a shift in demand for pharmaceutical treatments affects innovation as measured by new patent filings. Using U.S. Patent & Trademark Office data on pharmaceutical patenting between 1998-2019 for 40 drug therapeutic classes, I show that the announcement of expanded drug...
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