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Non-Competition Agreements And Research Productivity In The Biotechnology Industry, Porcher L. Taylor Iii, Joseph E. Coombs
Non-Competition Agreements And Research Productivity In The Biotechnology Industry, Porcher L. Taylor Iii, Joseph E. Coombs
School of Professional and Continuing Studies Faculty Publications
This paper examines the impact of the state-level legal structure, namely the legal support for non-competition agreements, on research productivity. Specifically, we study how California’s unique lack of non-competition agreement laws influences product develop when controlling for local munificence and firm-level technological capability. Our results indicate that California’s unique legal structure is negatively associated with research productivity as measured by the number of products in development at the time a biotechnology firm goes public. Further, firm size moderates this relationship such that the effect is stronger for smaller biotechnology firms.
Exercise The Power Of The Purse With Hussein, Porcher L. Taylor Iii
Exercise The Power Of The Purse With Hussein, Porcher L. Taylor Iii
School of Professional and Continuing Studies Faculty Publications
In the same shrewd diplomatic spirit displayed by the Pentagon in its recent purchase of a squadron of MIG-29 fighter jets from Moldova in order to preempt the sale of the planes to Iran, the U.S. should offer to buy Iraq's entire biochemical weapons arsenal and then destroy it in place. Let's call this emerging instrument of U.S. foreign policy "preemptive economic diplomacy."