Advanced search
Publication Cover
Applied Economics Letters Volume 23, 2016 - Issue 4
Submit an article Journal homepage
636
Views
5
CrossRef citations to date
0
Altmetric
Original Articles

Patents and R&D expenditure effects on equity returns in pharmaceutical industry

Martina FeyzrakhmanovaSchool of Business, Trinity College Dublin, Dublin, Ireland
&
Constantin GurdgievSchool of Business, Trinity College Dublin, Dublin, IrelandCorrespondence[email protected]
Pages 278-283 | Published online: 05 Aug 2015

References

  • Coombs, J. E., and P. E. Bierly. 2006. “Measuring Technological Capability and Performance.” R and D Management 36: 421–438. doi:10.1111/radm.2006.36.issue-4.
  • Cutler, D. M. 2007. “The Demise of the Blockbuster?” New England Journal of Medicine 356: 1292–1293. doi:10.1056/NEJMp078020
  • Fama, E., and K. French. 1993. “Common Risk Factors in the Returns on Stocks and Bonds.” Journal of Financial Economics 33: 3–56. doi:10.1.1.139.5892.
  • Findlay, S. M. 2006. “Market Analysis: Beating the Blockbuster Blues.” Pharmaceutical Technology Europe 18: 20–22.
  • Grabowski, H. 2002. “Patents, Innovation and Access to New Pharmaceuticals.” Journal of International Economic Law 5: 849–860. doi:10.1093/jiel/5.4.849.
  • Hahn, J., and H. Lee. 2009. “Financial Constraints, Debt Capacity, and the Cross-section of Stock Returns.” Journal of Finance 64: 891–921. doi:10.1111/j.1540-6261.2009.01452.x.
  • Herper, M. 2011a. “Pfizer’s Radical Surgery.” Forbes 187: 86–91.
  • Herper, M. 2011b. “The Blockbuster Drug Comes to an End.” Forbes 187: 26.
  • Houlton, S. 2009. “The End of Blockbusters?” Chemistry & Industry 6: 14–15.
  • Jensen, P., R. Thomson, and J. Yong. 2011. “Estimating the Patent Premium: Evidence from the Australian Inventor Survey.” Strategic Management Journal 32: 1128–1138. doi:10.1002/smj.v32.10.
  • Kim, T. Y., K. J. Oh, C. Kim, and J. D. Do. 2004. “Artificial Neural Networks for Non-Stationary Time Series.” Neurocomputing 61: 439–447. doi:10.1016/j.neucom.2004.04.002.
  • Lazonick, W., and O. Tulum. 2011. “US Biopharmaceutical Finance and the Sustainability of the Biotech Business Model.” Research Policy 40: 1170–1187. doi:10.1016/j.respol.2011.05.021.
  • Munos, B. H., and W. W. Chin. 2009. “A Call for Sharing: Adapting Pharmaceutical Research to New Realities.” Science Translational Medicine 1 (9): 9cm8. doi:10.1126/scitranslmed.3000155.
  • Nordlie, E., M.-O. Gewaltig, H. E. Plesser, and K. J. Friston. 2009. “Towards Reproducible Descriptions of Neuronal Network Models.” PLoS Computational Biology 5 (8): e1000456. doi:10.1371/journal.pcbi.1000456.
  • Phillips, P., and D. Sul. 2007. “Bias in Dynamic Panel Estimation with Fixed Effects, Incidental Trends and Cross Section Dependence.” Journal of Econometrics 137: 162–188. doi:10.1016/j.jeconom.2006.03.009.
  • Rees, L. L., and S. Sivaramakrishnan. 2007. “The Effect of Meeting or Beating Revenue Forecasts on the Association between Quarterly Returns and Earnings Forecast Errors.” Contemporary Accounting Research 24: 259–290. doi:10.2139/ssrn.655421.
  • Service, R. F. 2004. “Surviving the Blockbuster Syndrome.” Science 303 (5665): 1796–1799. doi:10.1126/science.303.5665.1796.
  • Sharabati, A. A., and A. N. Ibrahim. 2013. “Intellectual Property Rights and Pharmaceutical Manufacturing Organizations’ Business Performance.” Journal of Business Studies Quarterly 4: 112–128. Barton (2004).

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.