Quantitative Models in Life Science Business From Value Creation to Business Processes

• Other Authors: Canci, Jung Kyu (Editor), Mekler, Philipp (Editor), Mu, Gang (Editor)
• Format: Electronic Book Chapter
• Language: English
• Published: Cham Springer Nature 2023
• Series: SpringerBriefs in Economics
• Subjects: Health economics; Pharmaceutical technology; Economics; Medical research; Biotechnology; Economic theory & philosophy; Pharmacoeconomics; Life science economics; Stochastic valuation of life science patents; Game theory; Compulsory licensing in the life sciences; Outsourcing of pharmaceutical R&D; Stochastic modelling; Pharmaceutical supply chain; Business process management
• Online Access: OAPEN Library: download the publication; OAPEN Library: description of the publication

Summary

This open access book explores the field of life science business from a multidisciplinary perspective. Applying statistical, mathematical, game-theoretic, and data science tools to pharmaceutical and biotechnology business endeavors, the book describes value creation, value maintenance, and value realization in the life sciences as a sequence of processes using the quantitative language of applied mathematics. Written by experts from a variety of fields, the contributions illustrate the shift from a deterministic to a stochastic view of the processes involved, offering a new perspective on life sciences economics. The book covers topics such as valuing and managing intellectual property in life science, licensing in the pharmaceutical business, outsourcing pharmaceutical R&D, and stochastic modelling of a pharmaceutical supply chain. The book will appeal to scholars of economics and the life sciences, as well as to professionals in chemical and pharmaceutical industries.

Physical Description

1 electronic resource (127 p.)

ISBN

978-3-031-11814-2
9783031118142

Access

Open Access