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R&D

Pharmaceutical Stock Reactions to Price Constraint Threats and Firm-Level R&D Spending

Saturday, January 1, 2005

This study uses the Clinton Administrations Health Security Act of 1993 as a natural experiment to show how threats of price constraints affect firm-level R&D spending.

  • Read more about Pharmaceutical Stock Reactions to Price Constraint Threats and Firm-Level R&D Spending

Time To Complete and Research Joint Ventures: A Differential Game Approach

Saturday, January 1, 2005

In analyzing cooperation in R&D in the form of research joint ventures, the authors show that the optimal size of an RJV does not only depend on the degree of spillovers, as literature suggests, but also on the cost function of R&D activities.

  • Read more about Time To Complete and Research Joint Ventures: A Differential Game Approach

Research and Development in Industry: 2001

Saturday, January 1, 2005

This report is the second of two publications containing results from the 2001 Survey of Industrial Research and Development. It contains the full set of statistics produced from the survey including statistics on R&D funding during the calender year 2001 and on R&D personnel in January 2002.

  • Read more about Research and Development in Industry: 2001

Towards an Integrated Knowledge Ecosystem: A Canadian Research Strategy

Saturday, January 1, 2005

The aim of the study is to optimize the transformation of knowledge dissemination in Canada. To achieve national public policy objectives, Canada needs an efficient, effective and sustainable system for the dissemination of scholarly research, according to the report.

  • Read more about Towards an Integrated Knowledge Ecosystem: A Canadian Research Strategy

Optimal R&D Investment Strategies with Quantity Competition under the Threat of Superior Entry

Saturday, January 1, 2005

The paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to technical uncertainty. The authors distinguish four scenarios: inevitable entry, entry deterrence, entry blockade, and non-credible entry threat.

  • Read more about Optimal R&D Investment Strategies with Quantity Competition under the Threat of Superior Entry

Science-Technology-Industry Links and the ”European Paradox”: Some Notes on the Dynamics of Scientific and Technological Research in Europe

Saturday, January 1, 2005

The paper discusses the properties of scientific and technological knowledge and the institutions supporting its generation and its economic applications.

  • Read more about Science-Technology-Industry Links and the ”European Paradox”: Some Notes on the Dynamics of Scientific and Technological Research in Europe

Cost of U.S. Pharmaceutical Price Reductions: A Financial Simulation Model of R&D Decisions

Saturday, January 1, 2005

Using Monte Carlo techniques, the authors model how future price controls in the U.S. will impact early-stage product development decisions in the pharmaceutical industry.

  • Read more about Cost of U.S. Pharmaceutical Price Reductions: A Financial Simulation Model of R&D Decisions

Managing Knowledge Through Collaboration: Multiple Case Studies of Managing Research in University Laboratories in Thailand

Thursday, January 1, 2004

This paper presents the results from multiple case studies on managing knowledge through collaboration currently in use at three university research units.

  • Read more about Managing Knowledge Through Collaboration: Multiple Case Studies of Managing Research in University Laboratories in Thailand

Public & Private Spillovers, Location and the Productivity of Pharmaceutical Research

Thursday, January 1, 2004

The authors use the geographic distribution of the research activities of the major global pharmaceutical firms to explore the extent to which knowledge spills over from proximate private and public institutions. Results indicate that spillovers exist and are significant.

  • Read more about Public & Private Spillovers, Location and the Productivity of Pharmaceutical Research

Cooperative R&D with Endogenous Technology Differentiation

Thursday, January 1, 2004

The authors introduce an alternative way of modeling spillovers, focusing on the design of the research and development process. According to the authors, in their model the spillovers depend on the compatibility between firms’ technologies.

  • Read more about Cooperative R&D with Endogenous Technology Differentiation

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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