出版社：Centre for Innovation Law and Policy at the University of Toronto, Faculty of Law
摘要：OK, class, here¡¯s a pop quiz. Suppose
two firms are racing to discover a new
pharmaceutical treatment. Each firm
invests $100 today in research; the
winner will receive $250 next year in
profits. The cost of capital to fund the
research is 25% per year. The winner
will earn a tidy return of (250 - 100) /
100 = 150% per year on its investment.
Obscene, right?
