Limits to the Division of Innovative Labor: Evidence from the Pharmaceutical Industry
The paper examines how firms and academic researchers respond to increased demand for pharmaceutical innovation. Firms expanded product development quickly, while academic research changed little; firms with internal scientific capabilities later increased their own research.
In revision
What to Buy When Forum Shopping? Determinants of Court Selection in Patent Litigation
Using German patent litigation data, the paper studies why plaintiffs choose particular courts. Plaintiffs prefer shorter proceedings, especially when they compete with defendants, while distance also affects court selection.
Working paper