Showing 1 - 10 of 51,618
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
We evaluate the welfare effects of differential pricing, voluntary licensing, and compulsory licensing in the Indian market for oral anti-diabetic (OAD) drugs. This market includes a new class of molecules called DPP-4 inhibitors, all of which are under patent protection in India. The Indian...
Persistent link: https://www.econbiz.de/10013035611
resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the … innovation probability and nevertheless lower total R&D costs. RJVs that increase innovation tend to be profitable, but …
Persistent link: https://www.econbiz.de/10013362245
resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the … innovation probability and nevertheless lower total R&D costs. RJVs that increase innovation tend to be profitable, but …
Persistent link: https://www.econbiz.de/10013277082
Innovation Survey covering the period 1998-2000. The results of our empirical analysis support our theory-based insights …
Persistent link: https://www.econbiz.de/10013083680
Community Innovation Survey covering the period 1998-2000. The results of our empirical analysis support our theory …
Persistent link: https://www.econbiz.de/10013035752
analysis of our testable predictions using pharmaceutical data concerning patents, patent expiration, and outsourcing at …
Persistent link: https://www.econbiz.de/10013249776
complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation …
Persistent link: https://www.econbiz.de/10014214175
complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation. …
Persistent link: https://www.econbiz.de/10010343929
We show that the common wisdom suggesting higher investment in innovation under a stronger patent protection may not be … true if the innovator can license its technology ex‐post innovation. If the initial cost of production is high and the … slope of the marginal cost of undertaking innovation is moderate, investment in innovation is maximised at a patent …
Persistent link: https://www.econbiz.de/10014136803