IHS Chemical Week

EnviroTech :: Environment

Study Tallies Tort Litigation’s Effect on Innovation

12:12 PM MDT | July 26, 2007 | Kara Sissell

the U.S. tort litigation system costs the nation $865 billion/year, including indirect costs of R&D spending and health care, says a recent study conducted by the Pacific Research Institute (PRI; San Francisco), a think tank that promotes free market policies and receives some funding from industry. Direct costs include annual damage awards, plaintiffs and defense attorney fees, and tort-related administrative expenses, PRI says. The chemical sector is one of the hardest hit by litigation-related constraints on R&D, the study says. If tort reform were...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa