The valuation of a NDA using a 6-fold compound option
Article Abstract:
New methodology for valuing new drug applications (NDA) and the R&D of pharmaceutical companies based on real option models is presented. Traditional valuation models do not correctly model the nature of the process of developing a new drug and therefore fail to capture the full value created by R&D to pharmaceutical companies.
Publication Name: Research Policy
Subject: Social sciences
ISSN: 0048-7333
Year: 2004
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On the uneven evolution of human know-how
Article Abstract:
The human know-how are extremely uneven, very rapid and cumulatively great in fields, like communications and computation, and quite limited in other fields, like house building and education. A comparison between medicine and education is made to explore the reasons for this unevenness.
Publication Name: Research Policy
Subject: Social sciences
ISSN: 0048-7333
Year: 2003
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Three steps in knowledge communication: the emergence of knowledge transformers
Article Abstract:
The role of gatekeeper in Research and Development organizations is examined through the data collected from a medium-sized machine tool firm. It is found that there exists a three-step flow of communication among engineers in the organization.
Publication Name: Research Policy
Subject: Social sciences
ISSN: 0048-7333
Year: 2003
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