The Local Influence of Pioneer Investigators on Technology Adoption: Evidence from New Cancer Drugs
By: Researcher
Disclaimer: The provided code links for this paper are external links. Science Nest has no responsibility for the accuracy, legality or content of these links. Also, by downloading this code(s), you agree to comply with the terms of use as set out by the author(s) of the code(s).
| Authors | Leila S. Agha, David A. Molitor |
| Journal/Conference Name | Review of Economics and Statistics |
| Paper Category | Social Sciences |
| Paper Abstract | Local opinion leaders may play a key role in easing information frictions associated with technology adoption. This paper analyzes the influence of physician investigators who lead clinical trials for new cancer drugs. By comparing diffusion patterns across 21 new cancer drugs, we separate correlated regional demand for new technology from information spillovers. Patients in the lead investigator’s region are initially 36% more likely to receive the new drug, but utilization converges within four years. We also find that superstar physician authors, measured by trial role or citation history, have broader influence than less prominent authors. |
| Date of publication | 2015 |
| Code Programming Language | C |
| Comment |
Copyright Researcher 2022