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Pharmaceutical innovation and R&D investment in the UK

✍ Scribed by Roger A. Prentis; Stuart R. Walker; David D. Heard; A. Martin Tucker

Book ID
112142977
Publisher
John Wiley and Sons
Year
1988
Tongue
English
Weight
707 KB
Volume
9
Category
Article
ISSN
0143-6570

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Examining the link between price regulat
Examining the link between price regulation and pharmaceutical R&D investment
✍ John A. Vernon πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 197 KB

## Abstract This paper examines the link between price regulation and pharmaceutical research and development (R&D) investment. I identify two mechanisms through which price regulation may exert an influence on R&D: an expected‐profit effect and a cash‐flow effect. Using established models of the d