Innovation and firm performance: An econometric analysis on the Belgian pharmaceutical sector

The past century has seen living standards increase substantially because of a lot of new products and breakthrough innovations. By the same token, pharmaceuticals have been relying heavily on bringing new products to the market in order to survive and make a profit. However, accruing the forthcomings of medicines is not self-evident. A means of appropriation is required. In this master thesis we focus on patents. As measures of innovative success they are at the center linking innovative efforts to firm performance. As a means of operationalization, the conceptual framework that was adopted,... Mehr ...