Do patents really foster innovation in the pharmaceutical sector? Results from an evolutionary, agent-based model

被引:8
作者
Dosi, Giovanni [1 ,2 ]
Palagi, Elisa [1 ,2 ]
Roventini, Andrea [1 ,2 ,3 ]
Russo, Emanuele [1 ,2 ]
机构
[1] Scuola Super Sant Anna, Inst Econ, Piazza Martiri Liberta 33, I-56127 Pisa, Italy
[2] Scuola Super Sant Anna, EMbeDS, Piazza Martiri Liberta 33, Pisa, Italy
[3] OFCE Sci Po, Sophia Antipolis, France
关键词
Innovation; Intellectual property rights; Market power; Pharmaceutical sector; Agent-based models; RESEARCH-AND-DEVELOPMENT; INTELLECTUAL PROPERTY; INDUSTRIAL-RESEARCH; POLICY; COMPETITION; APPROPRIABILITY; INEQUALITY; DIFFUSION; CRISIS; GROWTH;
D O I
10.1016/j.jebo.2023.05.039
中图分类号
F [经济];
学科分类号
02 ;
摘要
The role of the patent system in the pharmaceutical sector is highly debated also due to its strong public health implications. In this paper we develop an evolutionary, agent-based model of the pharmaceutical industry to explore the impact of different configurations of the patent system upon innovation and competition. The model is able to replicate the main stylized facts of the drug industry as emergent properties. We perform policy experi-ments to assess the impact of different Intellectual Property Rights (IPR) regimes changing the breadth and length of patents. Results tend to point against a strong patent system. Simulation experiments suggest that the extent and duration of patents shall, if anything, be set to minimum levels. This holds even when one assumes a strong response of R & D in-centives to appropriability conditions and when taking into account information disclosure effects triggered by patents.& COPY; 2023 Elsevier B.V. All rights reserved.
引用
收藏
页码:564 / 589
页数:26
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