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Strategic Patenting, Innovation and Competition in Pharmaceuticals

2024· article· en· W4400442368 on OpenAlexaff
John McKeon, Felix Poege, Jennifer L. Kao, Josh Feng, Lucy Xiaolu Wang, Stefan Wagner, David H. Hsu

Bibliographic record

VenueAcademy of Management Proceedings · 2024
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicIntellectual Property and Patents
Canadian institutionsQuest University Canada
Fundersnot available
KeywordsCompetition (biology)BusinessIndustrial organization

Abstract

fetched live from OpenAlex

The pharmaceutical industry is one of the most significant sectors in the economy -- both in terms of economic impact and welfare implications due to health outcomes. Further, unique attributes of the industry and available data allow for robust empirical studies of strategy and innovation questions that are difficult to observe in many settings. This symposium showcases papers that study the implications of pharmaceutical M&A and IPOs on drug pricing and innovation as well as the link between competition and strategic patenting of pharmaceutical firms. Mergers that Matter: The Impact of M&A Activity in Prescription Drug Markets Author: Josh Feng; U. of Utah, David Eccles School of Business Author: Thomas Hwang; Harvard Medical School Author: Yunjuan Liu; U. of North Carolina, Chapel Hill Author: Luca Maini; U. of North Carolina, Chapel Hill Does going public affect pharmaceutical innovation? Evidence from clinical trials Author: Jennifer Kao; UCLA Anderson School of Management Author: Charu Gupta; UCLA Anderson School of Management Marketing Authorization and Strategic Patenting: Evidence from Pharmaceuticals Author: Dennis Byrski; Max Planck Institute for Innovation and Competition Author: Lucy Xiaolu Wang; Assistant Professor at UMass Amherst Valuing Pharmaceutical Patent Thickets Author: John McKeon; Boston U. Questrom School of Business Author: Felix Poege; Bocconi U. Author: Tim Simcoe; Boston U.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.025
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.006
Threshold uncertainty score0.032

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0060.025
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0020.003
Science and technology studies0.0010.007
Scholarly communication0.0050.004
Open science0.0000.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0050.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.186
GPT teacher head0.297
Teacher spread0.111 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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