Innovation and pricing in the Dutch drug industry
作者:
W. Duncan Reekie,
期刊:
Managerial and Decision Economics
(WILEY Available online 1981)
卷期:
Volume 2,
issue 1
页码: 49-56
ISSN:0143-6570
年代: 1981
DOI:10.1002/mde.4090020109
出版商: John Wiley&Sons, Ltd.
数据来源: WILEY
摘要:
AbstractThe Dutch pharmaceutical industry is characterized by a high degree of innovative rivalry resulting in frequent rises and falls in market shares by both firms and products. Conventional concentration ratios, Herfindahl indices and market share stability measures are not highly correlated. The market, however, does display price sensitivity. Elasticity of demand for new products is inversely related to their incremental quality and directly related to their age.
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