Massachusetts Institute of Technology

Company Overview
The Massachusetts Institute of Technology is a world-class educational institution. Teaching and research—with relevance to the practical world as a guiding principle—continue to be its primary purpose. MIT is independent, coeducational, and privately endowed. Its five schools and one college encompass 34 academic departments, divisions, and degree-granting programs, as well as numerous interdisciplinary centers, laboratories, and programs whose work cuts across traditional departmental boundaries.

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Massachusetts Institute of Technology
77 Massachusetts Ave.
Cambridge MA 02139

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• Market size in innovation: Theory and evidence from the pharmaceutical industry by Massachusetts Institute of Technology
  This white paper by MIT develops a simple model linking innovation to potential market size, and shows that under a variety of circumstances, greater market size for a particular product, which implies greater sales, spurs faster innovation.