Market heterogeneity and drug innovation /
The Induced Innovation Hypothesis (IIH) describes the causal effect of market size (i.e., product demand) on innovation output -- larger value markets offer larger profit potential which leads to higher rates of new product entry. Empirical literature has supported the IIH but the estimated effects...
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Other Authors: | , , , , |
Format: | Thesis Book |
Language: | English |
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