Do firms underinvest in long-term research? Evidence from cancer clinical trials
收藏NBER2013-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19430
下载链接
链接失效反馈官方服务：
资源简介：
We investigate whether private research investments are distorted away from long-term projects. Our theoretical model highlights two potential sources of this distortion: short-termism and the fixed patent term. Our empirical context is cancer research, where clinical trials and hence, project
提供机构：
美国国家经济研究局
创建时间：
2013-09-01
