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Patent Protection: Stimulus for Innovation or Hindrance to Production?

Herbert Zech, Stefan Wagner, Thomas Fackler, Reto M. Hilty, Iris Plöger, Michael Stolpe
ifo Institut, München, 2021

ifo Schnelldienst, 2021, 74, Nr. 08, 03-20

The US announcement of its support for the call to suspend patents on Covid-19 vaccines sparked a heated discussion on how to improve global vaccine supply. Do patents hinder the availability of Covid-19 vaccines, and would their suspension be an appropriate tool to boost vaccine production? Could this give poorer countries faster access to vaccines?

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ifo Institut, München, 2021