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The Czech pharmaceutical industry : Do specific features of the relevant market provide sufficient incentives for an effective informal regulation?
Stacho, Miroslav ; Streblov, Pavel (advisor) ; Fialová, Kamila (referee)
The bachelor thesis provides an overview of specific features of relevant market. Based on both empirical and theoretical findings it attempts to justify sufficiency of drug producers' incentives for an effective self-regulation of their (un)ethical conduct. The overview in the first part of the thesis includes brief description of R&D process, statutory interventions before and after a new drug is introduced to the market, area and tools of self-regulation enfocement. Subsequently, a model combining conclusions from previous chapters, additional relevant studies and practical experience from Czech market is drafted and tries to answer central question of the thesis whether sufficient incentives exist for the producers to monitor themselves effectively.
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The Determinants of Innovation: Empirical analysis based on European country-level data
Stacho, Miroslav ; Pertold-Gebicka, Barbara (advisor) ; Netuka, Martin (referee)
The thesis summarizes current state of art for the most recent research capabilities of innovation activities analysis. Its main goal is to assess the factors influencing pace and volume of technological innovativeness throughout the European industry and services sectors considering time span 2002-2008 using country-level Community Innovation Surveys and R&D data. It also attempts to evaluate trends in innovation policy instruments targeted to close the gap between Europe and world innovation leaders such as USA. Complex literature overview, basic empirical and extended instruments' analyses lead to recommendations of optimal governments' policy approaches towards different groups of countries divided by level of innovative performance.
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The Czech pharmaceutical industry : Do specific features of the relevant market provide sufficient incentives for an effective informal regulation?
Stacho, Miroslav ; Fialová, Kamila (referee) ; Streblov, Pavel (advisor)
The bachelor thesis provides an overview of specific features of relevant market. Based on both empirical and theoretical findings it attempts to justify sufficiency of drug producers' incentives for an effective self-regulation of their (un)ethical conduct. The overview in the first part of the thesis includes brief description of R&D process, statutory interventions before and after a new drug is introduced to the market, area and tools of self-regulation enfocement. Subsequently, a model combining conclusions from previous chapters, additional relevant studies and practical experience from Czech market is drafted and tries to answer central question of the thesis whether sufficient incentives exist for the producers to monitor themselves effectively.
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Risk securitization in life insurance
Stacho, Miroslav ; Mandl, Petr (referee) ; Přecechtělová, Tereza (advisor)
In the presented work we focus on securitization of two major technical risks in life insurance - longevity risk and catastrophic mortality risk. We show some particular examples of issued bonds and some theoretical constructions of mortality linked derivatives. We mention several models applicable for projection of mortality and requirements on these models. Problems connected with projection will be discussed. We describe methods used for pricing these securities, ie. pricing by transformation of probability distribution.
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