Patent Dimensions in the Development and Production of COVID-19 Vaccines
Abstract The process in which COVID-19 vaccines are developed is sequential and continuously accumulating. On the one hand, comprehensive patent protection is a necessary means to promote research and development. It yields additional returns that pay for the occasionally substantial amounts in R&am...
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2021-05-01
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Online Access: | https://doi.org/10.1007/s10273-021-2923-4 |
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doaj-ad84bc85ca3e469391306c95f20bdf192021-05-23T11:23:45ZdeuSpringerWirtschaftsdienst0043-62751613-978X2021-05-01101538739310.1007/s10273-021-2923-4Patent Dimensions in the Development and Production of COVID-19 VaccinesTobias Volpert0Marcel Riepe1VWL, Hochschule Hamm-LippstadtVWL, Hochschule Hamm-LippstadtAbstract The process in which COVID-19 vaccines are developed is sequential and continuously accumulating. On the one hand, comprehensive patent protection is a necessary means to promote research and development. It yields additional returns that pay for the occasionally substantial amounts in R&D expenses. On the other hand, patents can be harmful in a sequential development process as they monopolise knowledge that might become a basis for further research. Economic policy cannot resolve this dilemma, but the various dimensions of a patent system can provide a starting point in mitigating a trade-off.https://doi.org/10.1007/s10273-021-2923-4 |
collection |
DOAJ |
language |
deu |
format |
Article |
sources |
DOAJ |
author |
Tobias Volpert Marcel Riepe |
spellingShingle |
Tobias Volpert Marcel Riepe Patent Dimensions in the Development and Production of COVID-19 Vaccines Wirtschaftsdienst |
author_facet |
Tobias Volpert Marcel Riepe |
author_sort |
Tobias Volpert |
title |
Patent Dimensions in the Development and Production of COVID-19 Vaccines |
title_short |
Patent Dimensions in the Development and Production of COVID-19 Vaccines |
title_full |
Patent Dimensions in the Development and Production of COVID-19 Vaccines |
title_fullStr |
Patent Dimensions in the Development and Production of COVID-19 Vaccines |
title_full_unstemmed |
Patent Dimensions in the Development and Production of COVID-19 Vaccines |
title_sort |
patent dimensions in the development and production of covid-19 vaccines |
publisher |
Springer |
series |
Wirtschaftsdienst |
issn |
0043-6275 1613-978X |
publishDate |
2021-05-01 |
description |
Abstract The process in which COVID-19 vaccines are developed is sequential and continuously accumulating. On the one hand, comprehensive patent protection is a necessary means to promote research and development. It yields additional returns that pay for the occasionally substantial amounts in R&D expenses. On the other hand, patents can be harmful in a sequential development process as they monopolise knowledge that might become a basis for further research. Economic policy cannot resolve this dilemma, but the various dimensions of a patent system can provide a starting point in mitigating a trade-off. |
url |
https://doi.org/10.1007/s10273-021-2923-4 |
work_keys_str_mv |
AT tobiasvolpert patentdimensionsinthedevelopmentandproductionofcovid19vaccines AT marcelriepe patentdimensionsinthedevelopmentandproductionofcovid19vaccines |
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