R&D portfolios and pharmaceutical licensing

R&D portfolios and pharmaceutical licensing
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DOI:
10.1016/j.respol.2014.03.008
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发表时间:
2014-09
期刊:
影响因子:
7.2
通讯作者:
J. Nishimura;Yosuke Okada
J. Nishimura;Yosuke Okada
中科院分区:
管理学1区
文献类型:
--
作者:
J. Nishimura;Yosuke Okada

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我们研究了药物管道的研发组合如何影响制药许可,控制公司规模,多样性和竞争。收集的数据包括1997年至2007年期间54家日本制药公司关闭的434个许可证进口和329个许可证出口。我们特别关注特定阶段的许可,将创新过程分为早期和后期阶段。使用看似不相关的回归(SUR)的许可和许可的联合估计显示,药物管道显着影响特定阶段的许可,诱导组合效应,导致平滑的药物管道在早期和后期阶段。
We examine how R&D portfolios of drug pipelines affect pharmaceutical licensing, controlling firm size, diversity, and competition. The data collected comprises 434 license-ins and 329 license-outs closed by 54 Japanese pharmaceutical companies between 1997 and 2007. We pay special attention to stage-specific licensing by dividing the innovation process into early and late stages. Joint estimates of license-in and license-out using seemingly unrelated regressions (SUR) reveal that drug pipelines significantly affect stage-specific licensing, inducing portfolio effect that lead to smoothing drug pipelines across early and late stages.