Pharmaceutical industry market in USA and France

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the university of chicago public research funding and private innovation case pharmaceutical industry a dissertation submitted to faculty graduate school business in candidacy for degree doctor philosophy by robert aaron book illinois august 2002 copyright c all rights reserved abstract united states has an extensive system government basic traditional rationale this policy is that due inappropriability results sector provides suboptimal levels subsidy will correct underprovision addition it likely higher stimulate applied increasing stock scienti knowledge possible however funded crowds out reducing its returns may mitigate or even reverse former e ect so less extreme reduce level relative alternative which privately paper uses data on biomedical