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Intellectual property and the pharmaceutical industry – an economic analysis
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| 190.41 KB | Adobe PDF |
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Resumo(s)
Intellectual Property and the Pharmaceutical Industry – An Economic
Analysis is a brief literature review of the most relevant works on the issue of IP Law in
Pharmaceuticals, especially in what patents are concerned. Referring to simple models,
this paper highlights the trade-off between the dynamic efficiency of intellectual
property rights in encouraging R&D and the static inefficiency created by a
monopolistic situation. Ultimately, it discusses the existence of better systems of
aligning incentives between the pharmaceutical industry and society and concludes that
the benefits provided by the current patent system can overcome its failures.
Descrição
A Work Project, presented as part as the requirements for the Award of a Masters Degree in Economics from the Nova School in Business and Economics
Palavras-chave
Innovation Intellectual Property Patents Pharmaceutical