Genentech sues to protect clot buster market share

A Market Share Theorem

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The Austrian Market Share

Over the generations, the popularity of the Austrian School’s approach to economics has risen, fallen, and risen again. Figure 1 represents a speculative guess at the “market share” of Austrian ideas among academic economists, where “Austrian” is broadly defined as individuals who believe in, or are at least highly sympathetic to, most of the core doctrine emanating from the Austrian School fou...

Market Share Indicates Quality

Market share and quality, or customer satisfaction, go hand in hand. Yet it is hard to find in the literature a clear formal statement to the effect that higher market share indicates higher quality. Indeed, such an inference would need detailed information about customer behavior. Moreover, even when that data is available, the validity of the inference is cast in doubt by common modes of beha...

Buster

Genentech, Inc

How did it start? It began in 1976 with a meeting over a glass of beer between Bob Swanson, then a bright young venture capitalist, and Herb Boyer (UCSF), who with Stan Cohen (Stanford) had just performed some of the key experiments of recombinant DNA technology. The meeting is now immortalized in a brass statue in the new Founders’ Research Center. Genentech was founded later that year, and cl...