Innovation and Shortage: The Yin and Yang of the Health Sector
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Note: This paper is dedicated to Professor János KORNAI, an inspiring intellect and mentor, who will turn 90 years old on January 21, 2018. I am grateful to Péter Mihályi for his kind invitation to contribute to this special issue of Acta Oeconomica in honor of János, and to Ross Eric Johnson and Hokuto Asano for excellent research assistance.
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Keywords
health sector; personalized medicine; innovation; health technologies;All these keywords.
JEL classification:
- H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
- H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
- I0 - Health, Education, and Welfare - - General
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