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Full-Text Articles in Economics

Us Pharmaceutical Policy In A Global Marketplace, Darius Lakdawalla, Dana Goldman, Pierre-Carl Michaud, Neeraj Sood, Robert Lempert, Italo Gutierrez, Ze Cong Nov 2008

Us Pharmaceutical Policy In A Global Marketplace, Darius Lakdawalla, Dana Goldman, Pierre-Carl Michaud, Neeraj Sood, Robert Lempert, Italo Gutierrez, Ze Cong

Darius N. Lakdawalla

No abstract provided.


Innovation And The Welfare Effects Of Public Drug Insurance, Darius Lakdawalla, Neeraj Sood Sep 2008

Innovation And The Welfare Effects Of Public Drug Insurance, Darius Lakdawalla, Neeraj Sood

Darius N. Lakdawalla

Rewarding inventors with inefficient monopoly power has long been regarded as the price of encouraging innovation. Prescription drug insurance escapes that trade-off and achieves an elusive goal: lowering static deadweight loss, without reducing incentives for innovation. As a result of this feature, the public provision of drug insurance can be welfare-improving, even for risk-neutral and purely self-interested consumers. The design of insurers’ cost-sharing schedules can either reinforce or mitigate this result. Schedules that impose higher consumer cost-sharing requirements on more expensive drugs help ensure that insurance subsidies translate into higher utilization, rather than pure increases in manufacturer profits. Moreover, some …


Innovation And Entrepreneurship In Latinamerican, Phd(C) José Luis Massón-Guerra Jul 2008

Innovation And Entrepreneurship In Latinamerican, Phd(C) José Luis Massón-Guerra

José Luis Massón Guerra, PhD

No abstract provided.


Firm Size And Innovation In European Manufacturing, Mario Pianta, Andrea Vaona Dec 2007

Firm Size And Innovation In European Manufacturing, Mario Pianta, Andrea Vaona

Mario Pianta

The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for different business strategies and innovation inputs connected to product and process innovations. The empirical analysis uses innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size classes, for eight European countries. Special attention is devoted to tackling the issues of possible endogeneity of the regressors and of unobserved sectoral heterogeneity. The results – …


New Process And New Products In Europe And Italy, Mario Pianta, Francesco Crespi Dec 2007

New Process And New Products In Europe And Italy, Mario Pianta, Francesco Crespi

Mario Pianta

This article investigates the differences in the mechanisms and strategies conducing to the introduction of new processes and products in Italy and Europe. After a review of the relevant literature, three models are proposed and tested in order to identify the different business strategies and innovation inputs associated to the successful implementation of new products and new processes. The empirical analysis uses innovation surveys (CIS 2-3-4) data at the industry level for 22 manufacturing sectors and 17 services sectors for 8 European countries, with a specific focus on the Italian case. The analysis shows that while the two types of …