Revolutionizing pharmaceutical innovation: Unveiling the impact of endogenous knowledge spillover in China.

ABSTRACT: Modern medical technology innovation is a critical safeguard for human health, while a significant number of developing nations are confronted with the challenge of biopharmaceutical technological advancement. To investigate the possible routes of technological advancement, we investigated the impact of the endogenous knowledge spillover effect on firm innovation endeavors. Our research involves a theoretical two-stage R&D game model that is built around the characteristics of pharmaceutical organizations. Theoretical studies elucidated the impact as well as the probable mechanism of the spillover effect. To verify the theoretical study, we conducted econometric analysis using data from the pharmaceutical sector of Chinese enterprise listed on the A-share market. The study's findings indic

SUBMITTER: Li Z 

PROVIDER: S-EPMC11414994 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature