firms with relatively more cospecialized complementary assets or relatively strong internal R&D productivity have a lower …&D productivity reduces the marginal value of the downstream assets within firm boundaries, thus stimulating the demand for external …

‘performed' R&D and ‘extra-mural' R&D, and focuses on R&D productivity and patent quality as key indicators of innovation. The …This paper examines the idea that the USA has outshined Europe in the race for new medicines as a result of a flight of … business R&D expenditure to the USA. It adopts a methodology that accounts for R&D price inflation, considers the role of both …

Lanjouw and Schankerman (2004) proposed that patent quality is a key driver of R&D productivity but did not find … complementary indicators of patent quality, and applies dynamic panel data estimation techniques. When corrections are made for … patent quality, and there is strong support for the maintained hypothesis …

that firms with relatively more cospecialized complementary assets or relatively strong internal Ramp;D productivity have a … Ramp;D productivity reduces the marginal vale of the downstream assets within firm boundaries, thus stimulating the demand …

This paper presents the results of a study of the determinants of research productivity in the pharmaceutical industry … spillovers between firms may playa major role in increasing research productivity. The paper also speaks directly to the question …

This paper presents the results of a study of the determinants of research productivity in the pharmaceutical industry … spillovers between firms may playa major role in increasing research productivity. The paper also speaks directly to the question …