Calculating private and social returns to COVID-19 vaccine innovation

Calculating private and social returns to COVID-19 vaccine innovation PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 20

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Book Description
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic’s epidemiological path as well as the economic costs of containment measures. The calculations reveal high returns to innovation. In the baseline scenario, the social benefit of vaccine innovation amounts to 70.5 trillion United States (U.S.) dollars globally, exceeding its private benefit by a factor of 887. The calculations bear on the private and public incentives to invest in vaccine innovation.

Calculating private and social returns to COVID-19 vaccine innovation

Calculating private and social returns to COVID-19 vaccine innovation PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 20

Get Book Here

Book Description
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic’s epidemiological path as well as the economic costs of containment measures. The calculations reveal high returns to innovation. In the baseline scenario, the social benefit of vaccine innovation amounts to 70.5 trillion United States (U.S.) dollars globally, exceeding its private benefit by a factor of 887. The calculations bear on the private and public incentives to invest in vaccine innovation.

Calculating Private and Social Returns to COVID-19 Vaccine Innovation

Calculating Private and Social Returns to COVID-19 Vaccine Innovation PDF Author: Carsten Fink
Publisher:
ISBN:
Category : Medical innovations
Languages : en
Pages : 0

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Book Description
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic's epidemiological path as well as the economic costs of containment measures. The calculations reveal high returns to innovation. In the baseline scenario, the social benefit of vaccine innovation amounts to 70.5 trillion United States (U.S.) dollars globally, exceeding its private benefit by a factor of 887. The calculations bear on the private and public incentives to invest in vaccine innovation.

U.S. High-Skilled Immigration, Innovation and Entrepreneurship: Empirical Approaches and Evidence

U.S. High-Skilled Immigration, Innovation and Entrepreneurship: Empirical Approaches and Evidence PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 26

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Book Description
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Studies regarding the impact of immigrants on natives tend to find limited consequences in the short-run, while the results in the long-run are more varied and much less certain. Immigrants in the United States aid business and technology exchanges with their home countries, but the overall effect that the migration has on the home country remains unclear. Little is known about return migration of workers engaged in innovation and entrepreneurship, except that it is rapidly growing in importance.

The Informal Economy, Innovation and Intellectual Property: Concepts, Metrics and Policy Considerations

The Informal Economy, Innovation and Intellectual Property: Concepts, Metrics and Policy Considerations PDF Author: Jeremy de Beer
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 76

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Book Description
The authors connect concepts, definitions and data regarding the informal economy, innovation, and intellectual property in order to establish a framework for further qualitative and quantitative research and the improvement of public policies in respect of these issues.

The powerful role of intangibles in the coffee value chain

The powerful role of intangibles in the coffee value chain PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 79

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Book Description
The paper describes: a) the coffee industry and its GVC structure; b) the role that intangible assets play in value creation from both the supply and demand perspective; and c) the current and potential role of intellectual property tools in creating and retaining value, as well as providing economic upgrade options.

Economic Policy for a Pandemic Age

Economic Policy for a Pandemic Age PDF Author: Monica de Bolle
Publisher: Peterson Institute for International Economics
ISBN: 0881327425
Category : Business & Economics
Languages : en
Pages : 149

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Book Description
The global health and economic threats from the COVID-19 pandemic are not yet behind us. While the development of multiple safe and highly effective vaccines in less than a year is cause for hope, several significant dangers to recovery of global health and income are still clear and present: New concerning variants of SARS-CoV-2, the virus that causes COVID-19, continue to emerge at an alarming rate in different parts of the world; at the same time, vaccine rollouts have been shockingly inefficient even in some rich countries, while much of the developing world waits in line behind them for vaccines to arrive. The Briefing covers several policy areas in which cooperative forward-looking policy action will materially improve our chances of truly escaping today's pandemic and making future pandemics less costly.

Measuring the International Mobility of Inventors: A New Database

Measuring the International Mobility of Inventors: A New Database PDF Author: Ernest Miguelez
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 33

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Book Description
This paper has two objectives. First, it describes a new database mapping migratory patterns of inventors, extracted from information included in patent applications filed under the Patent Cooperation Treaty. It explains in detail the information contained in the database and discusses the usefulness and reliability of the underlying data. Second, the paper provides a descriptive overview of inventor migration patterns, based on the information contained in the newly constructed database.

A Proposal to End the COVID-19 Pandemic

A Proposal to End the COVID-19 Pandemic PDF Author: Ruchir Agarwal
Publisher: International Monetary Fund
ISBN: 1513577603
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Urgent steps are needed to arrest the rising human toll and economic strain from the COVID-19 pandemic that are exacerbating already-diverging recoveries. Pandemic policy is also economic policy as there is no durable end to the economic crisis without an end to the health crisis. Building on existing initiatives, this paper proposes pragmatic actions at the national and multilateral level to expeditiously defeat the pandemic. The proposal targets: (1) vaccinating at least 40 percent of the population in all countries by the end of 2021 and at least 60 percent by the first half of 2022, (2) tracking and insuring against downside risks, and (3) ensuring widespread testing and tracing, maintaining adequate stocks of therapeutics, and enforcing public health measures in places where vaccine coverage is low. The benefits of such measures at about $9 trillion far outweigh the costs which are estimated to be around $50 billion—of which $35 billion should be paid by grants from donors and the residual by national governments potentially with the support of concessional financing from bilateral and multilateral agencies. The grant funding gap identified by the Access to COVID-19 Tools (ACT) Accelerator amounts to about $22 billion, which the G20 recognizes as important to address. This leaves an estimated $13 billion in additional grant contributions needed to finance our proposal. Importantly, the strategy requires global cooperation to secure upfront financing, upfront vaccine donations, and at-risk investment to insure against downside risks for the world.

Breakthrough technologies – Semiconductor, innovation and intellectual property

Breakthrough technologies – Semiconductor, innovation and intellectual property PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 46

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Book Description
Semiconductor technology is at the origin of today’s digital economy. Its contribution to innovation, productivity and economic growth in the past four decades has been extensive. This paper analyzes how this breakthrough technology came about, how it diffused, and what role intellectual property played historically.

COVID-19 and the Law

COVID-19 and the Law PDF Author: I. Glenn Cohen
Publisher: Cambridge University Press
ISBN: 1009265709
Category : Law
Languages : en
Pages : 427

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Book Description
This book examines the ethical, legal and regulatory impacts that COVID-19 has had on our society and institutions.