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This research investigates the hypothesis that publicly funded scientific research complements private R&D investment in the pharmaceutical industry. New microlevel data on public research investment by the U.S. National Institutes of Health allow measures of basic and clinical research in seven...
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estimation method, based on advances in economics, statistics, and applied mathematics, which involves estimating a structural …
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estimation method, based on advances in economics, statistics, and applied mathematics, which involves estimating a structural …
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