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来源类型Working Paper
规范类型报告
DOI10.3386/w20532
来源IDWorking Paper 20532
Generic Competition and the Incentives for Early-Stage Pharmaceutical Innovation
Lee Branstetter; Chirantan Chatterjee; Matthew J. Higgins
发表日期2014-09-25
出版年2014
语种英语
摘要What impact has rising generic competition had on the nature and direction of pharmaceutical innovation? We find broad-based, strong evidence that pharmaceutical companies have diverted their new drug development efforts away from therapeutic markets already well-served by generic drugs. We also find that increasing generic competition induces firms to shift their R&D activity towards more biologic-based products and away from chemical-based products. We conclude by discussing potential implications of our results for long-run innovation policy.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Regulatory Economics ; Industry Studies ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w20532
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578206
推荐引用方式
GB/T 7714
Lee Branstetter,Chirantan Chatterjee,Matthew J. Higgins. Generic Competition and the Incentives for Early-Stage Pharmaceutical Innovation. 2014.
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