Publications

Publications

Filter Results: (1) Arrow Down

Show Results For

by Joshua Krieger, Xuelin Li, and Richard T. ThakorRemove by Joshua Krieger, Xuelin Li, and Richard T. Thakor →

Page 1 of 1 Result

Are you looking for?

→Search All HBS Web
  • September 2022
  • Article

Find and Replace: R&D Investment Following the Erosion of Existing Products

By: Joshua L. Krieger, Xuelin Li and Richard T. Thakor
How do innovative firms react when existing products experience negative shocks? We explore this question with detailed project-level data from drug development firms. Using FDA Public Health Advisories as idiosyncratic negative shocks to approved drugs, we first... View Details
Keywords: R＆D Investments; Drug Development; Product Shocks; M＆A; Biopharmaceutical Industry; FDA; System Shocks; Research and Development; Investment; Decision Making; Pharmaceutical Industry
Related

Are you looking for?

→Search All HBS Web