PropertyValue
?:abstract
  • The coronavirus disease 2019 (COVID-19) pandemic response brought forth major changes in innovation policy. This paper takes stock of the key features of the COVID-19 innovation system. Before the pandemic, innovation in biomedical research and development consisted largely of \'push\' funding from the public sector in support of basic research and \'pull\' incentives from patents to motivate private companies to invest in clinical trials and develop drugs and vaccines. In contrast, during the pandemic, public funding shifted its focus to late-stage product development and manufacturing. Procurement agreements with governments replaced traditional pull incentives from patents for the major private companies. Non-patent barriers to competition may also have incentivized innovation. The challenges to ensuring diffusion have gained in prominence during the pandemic, though it is unclear what role patents will play in pricing and access. Some aspects of this approach to biomedical innovation may be unique to crises, but others could provide lessons for policy beyond the pandemic. [Editor\'s Note: This Fast Track Ahead Of Print article is the accepted version of the peer-reviewed manuscript. The final edited version will appear in an upcoming issue of Health Affairs.].
?:creator
?:doi
  • 10.1377/hlthaff.2020.02097
?:doi
?:journal
  • Health_affairs
?:license
  • unk
?:pmid
?:pmid
  • 33539184.0
?:publication_isRelatedTo_Disease
?:source
  • Medline
?:title
  • The COVID-19 Innovation System.
?:type
?:year
  • 2021-02-04

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