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Market Size in Innovation: Theory and Evidence From the Pharmaceutical Industry

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NBER2003-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10038
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资源简介:
This paper investigates the effect of (potential) market size on entry of new drugs and pharmaceutical innovation. Focusing on exogenous changes driven by U.S. demographic trends, we find that a 1 percent increase in the potential market size for a drug category leads to a 4 to 6 percent increase in
提供机构:
美国国家经济研究局
创建时间:
2003-10-01
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