International Cooperation in Pharmaceutical Research

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International Cooperation in Pharmaceutical Research

Author Info

Anna Rita Bennato () (University of Rome “Tor Vergata”, Department of Economics, and University of Bristol)
Laura Magazzini () (Department of Economics (University of Verona))

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Laura Magazzini

Abstract

Since 1990 the global patent regime strengthened dramatically. The introduction of the Trade-Related Aspect of Intellectual Property Rights (TRIPS) agreement in 1995 has represented an important evolution into the Intellectual Property Rights (IPRs) regime. On January 1, 2005 the TRIPS regulations about the new patent regime came into force in all developing countries, imposing all WTO members patent protection in all productive areas, including pharmaceutical products (with the exception of least-developed members of WTO, for which enforcement of product patent protection and undisclosed information rights for pharmaceuticals is postponed to 2016). Despite the attention devoted to the issue by the theoretical literature, scattered empirical work is available at date. We aim at studying whether the new patent regime has stimulated international cooperation on innovative activities between WTO members, focusing on less developed countries. In particular, we adopt a gravity framework in order to examine the impact of the level of enforcement of property rights on bilateral flows of pharmaceutical knowledge. The analysis is conducted using data from the PatentScope and ISI Web of knowledge, and results provide a sound test of conflicting theories about the effect of TRIPS enforcement on technology transfer.

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Publisher Info
Paper provided by Università di Verona, Dipartimento di Scienze economiche in its series Working Papers with number 62/2009.

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Length: 18
Date of creation: Oct 2009
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Handle: RePEc:ver:wpaper:62/2009

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Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

This paper has been announced in the following NEP Reports:

NEP-ALL-2009-10-24 (All new papers)
NEP-INO-2009-10-24 (Innovation)
NEP-IPR-2009-10-24 (Intellectual Property Rights)

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This page was last updated on 2009-12-2.

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