Public research systems in the United States and Europe are often compared with respect to their divergent levels of involvement in the private economy. The U.S. research system, with its mix of both public and private institutions, has long played a significant role in conducting research that...

We draw on diverse data sets to compare the institutional organization of upstream life science research across the United States and Europe. Understanding cross-national differences in the organization of innovative labor in the life sciences requires attention to the structure and evolution of...

In this paper we document a process of price convergence in the European market for pharmaceutical products and relate it to access to innovative medicines in individual countries. The EU is a peculiar case study, where free circulation of goods coexists with pricing policies designed and...