From scientific research to healthcare markets

Byrski, Dennis (2021): From scientific research to healthcare markets: empirical essays on the economics of pharmaceutical innovation. Dissertation, LMU München: Volkswirtschaftliche Fakultät

Abstract

This dissertation offers new insights into the determinants of biomedical science and pharmaceutical innovation, each in a self-contained chapter. The first chapter investigates the functioning of research tool markets, which are important input factors into science. Specifically, it observes why short-term distortions to supply have enduring effects on tool adoption and, thus, the direction of scientific research. The second chapter examines whether pharmaceutical companies adjust their follow-on innovation activities when patentability standards increase. To this end, it analyses changes in the innovation incentives caused by a drug’s marketing authorization. The third chapter explores the relationship between downstream shifts in demand and upstream research. It studies whether a policy-induced increase in market size affects scientific publishing by universities and corporations. In summary, evidence from these micro-economic analyses may contribute to designing effective and efficient public policies that help stimulate R&D activities, foster the development of new pharmaceutical treatments, and eventually improve public health.

• Dokumententyp: Dissertationen (Dissertation, LMU München)
• Keywords: Economics of Innovation, Pharmaceutical Innovation, Biomedical Science, Research Tools, Patents, Patentability Standards, Drug Development, Medicare Part D
• Themengebiete: 300 Sozialwissenschaften ; 300 Sozialwissenschaften > 330 Economics
• Fakultäten: Volkswirtschaftliche Fakultät
• Sprache der Hochschulschrift: Englisch
• Datum der mündlichen Prüfung: 1. Juli 2021
• 1. Bericht­erstatter:in: Harhoff, Dietmar