ABSTRACT The high price of cancer drugs has become a world-wide phenomenon. In recent decades, studies have produced ample evidence of rising research and clinical testing costs underlying pharmaceutical innovations. There is a general concurrence that the current model of drug development needs...

The study employs the panel data of 15 hi-tech industries over the period 2000-2010 to examine the effectiveness of R%D with respect to productivity change and to identify the significant contributing factors in the hi-tech sector of China. The Malmquist productivity indexes are calculated by...

Purpose – The purpose of this paper is to validate empirically a measurement scale of the effectiveness of R & D activities, starting from previous work in which the content was validated. Design/methodology/approach – Following psychometric standards the authors have addressed the analysis...