1,910 karma · joined January 8, 2014
And here is the abstract: Patents award innovators a fixed period of market exclusivity, e.g., 20 years in the United States. Yet, since in many industries firms file patents at the time of discovery (“invention”) rather than first sale (“commercialization”), effective patent terms vary: inventions that commercialize at the time of invention receive a full patent term, whereas inventions that have a long time lag between invention and commercialization receive substantially reduced - or in extreme cases, zero - effective patent terms. We present a simple model formalizing how this variation may distort research and development (R&D). We then explore this distortion empirically in the context of cancer R&D, where clinical trials are shorter - and hence, effective patent terms longer - for drugs targeting late-stage cancer patients, relative to drugs targeting early-stage cancer patients or cancer prevention. Using a newly constructed data set on cancer clinical trial investments, we provide several sources of evidence consistent with fixed patent terms distorting cancer R&D. Back-of-the-envelope calculations suggest that the number of life-years at stake is large. We discuss three specific policy levers that could eliminate this distortion - patent design, targeted R&D subsidies, and surrogate (non-mortality) clinical trial endpoints - and provide empirical evidence that surrogate endpoints can be effective in practice.
It would be awesome to have a service that provides hosted data, allows anyone to make charts / random transformations / add extra data and then add that to the main dashboard.
Is this good advice? We generate a TON of graphs and charts in academia, and treating them like "design" objects seems to be a lot of work. Worth it? What is industry standard practice for good looking data viz?
Perhaps someone can port this so that we can all modify it for good measure.
I dont think the community is that active anymore: http://www.sunspotworld.com/
These guys are great -- but they still havent found their killer app. Thats partly because the tech is ahead of its time -- but the vision is clearly excellent.
David Holz the founder is the brains behind this, has been working on a better UI since he was literally a kid in Florida. See: http://www.businessweek.com/articles/2012-05-24/david-holzs-...
Their CEO is the founder of Quattro Wireless founder, an ex-Apple exec Andy Miller who is a really smart guy. SO they do really have a good team, and lots of VC backing.
Perhaps this new skeletal tracking stuff will help this really catch on. Best of luck to LEAP!