@article{1452546, author = {Canci, Jung Kyu, and Mekler, Philipp, and Mu, Gang,}, url = {http://library.usi.edu/record/1452546}, title = {Quantitative models in life science business : from value creation to business processes /}, abstract = {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.}, doi = {https://doi.org/10.1007/978-3-031-11814-2}, recid = {1452546}, pages = {1 online resource (ix, 127 pages) :}, }