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Estimating the Effects of Regulation on Innovation: An International Comparative Analysis of the Pharmaceutical Industry
(1978)
INNOVATION in the U.S. ethical drug industry in recent years has been characterized
by a number of adverse developments. In particular, there has been a sharp decline
in the rate of new product introductions and the incentive ...
Substitution laws and innovation in the pharmaceutical industry.
(1979)
The pharmaceutical industry has been among the most innovative while being one of
the most highly regulated industries in the United States. Government regulation of
pharmaceutical product quality started in 19061 and has ...