G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w13862
来源IDWorking Paper 13862
Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation
Jay Bhattacharya; Mikko Packalen
发表日期2008-03-12
出版年2008
语种英语
摘要This paper examines whether the composition of medical research responds to changes in disease incidence and research opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis. Technological opportunity is calculated from estimates of structural productivity parameters. The extent of inventive activity is measured from the MEDLINE database on 16 million biomedical publications. We match these data with data on disease incidence. We show that medical research responds to changes in disease incidence and research opportunities. We also find that pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Nonprofits ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w13862
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571536
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Jay Bhattacharya,Mikko Packalen. Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation. 2008.
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