nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2022‒03‒28
three papers chosen by
Giovanni Ramello
Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Shall we fear a Patent Waiver? Not for Covid-19 Vaccines By Cozzi, Guido
  2. Intellectual Property Rights Protection and Trade: An Empirical Analysis By Emmanuelle AURIOL; Sara BIANCINI; Rodrigo PAILLACAR
  3. Regional recombinant novelty, related and unrelated technologies: a patent-level approach By Anne Plunket; Felipe Starosta de Waldemar

  1. By: Cozzi, Guido
    Abstract: Shall vaccine patents be temporarily suspended? In a simple model, I reflect the essence of the debate on the Covid-19 patent waiver. The central message is that if the probability of imitating innovative vaccines is low, then a patent waiver would be harmless to future R&D. Conversely, a patent waiver would be undesirable if it is too easy to imitate future innovations. This paper also derives a simple policy rule for R&D subsidies that governments can use to correct the adverse effects of the waiver on the incentives to innovate. The vaccine industry is highly concentrated. While the social gains from successful imitation are huge, it is hard to transfer vaccine know-how from the handful of patent holders to potential imitators. In this environment, loosening intellectual property rights (IPRs) protection in a pandemic has significant macroeconomic advantages. Still, it may harm future innovation because it would create an expectation of future IPRs waivers. This paper allows an upbeat assessment of the conditions that make a patent waiver desirable, even considering the future R&D implications. Moreover, it shows how reasonably minimal rises of R&D subsidies can overcome the IPRs uncertainty.
    Keywords: Covid-19; Research and Development; Vaccines; Intellectual; Health Economics; Property Rights.
    JEL: I1 I18 O3 O31 O32 O34
    Date: 2022–02–14
  2. By: Emmanuelle AURIOL; Sara BIANCINI; Rodrigo PAILLACAR
    Abstract: The paper proposes an empirical analysis of the determinants of the adoption of intellectual property rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First, we show that IPR enforcement is U-shaped in a country's market size relative to the aggregated market size of its trade partners. Second, reinforcing IPR protection reduces on-the-frontier and inside-the-frontier innovation in developing countries, without necessarily increasing innovation at the global level.
    JEL: Q
    Date: 2022–03–21
  3. By: Anne Plunket (RITM - Réseaux Innovation Territoires et Mondialisation - UP11 - Université Paris-Sud - Paris 11); Felipe Starosta de Waldemar (RITM - Réseaux Innovation Territoires et Mondialisation - UP11 - Université Paris-Sud - Paris 11)
    Abstract: This paper investigates the impact of regional technological relatedness on the emergence of recombinant novelty (i.e. new combinations of subclasses occurring for the first time) in French regions using patent data over 1990-2010. We find that relatedness favors incremental innovations which reuse already applied combinations, whereas increasing levels of relatedness reduces the likelihood of novelty. However, the impact is less negative when combined technologies are new, unrelated or not locally specialized because it facilitates learning and technological recombination. We also find that universities and large incumbents are less dependent on relatedness than small and novel players to create novelty.
    Keywords: innovation,recombinant novelty,technological relatedness,Regional development
    Date: 2022–02–11

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