Dubois, Pierre, Moisson, Paul-Henri and Tirole, Jean (2022) The economics of transferable patent extensions. TSE Working Paper, n. 22-1377, Toulouse

[thumbnail of wp_tse_1377.pdf]
Download (683kB) | Preview


Faced with a scarcity of treatments for neglected diseases, experts and governmental organizations have lately proposed to build strong pull incentives around transferable vouchers. Inventors would be granted, and allowed to sell these vouchers to pharmas desiring to extend their exclusive IP rights. However, we know little about how such “Transferable Exclusivity Extensions” fare relative to prizes, who is likely to acquire them and at what cost for society, or how the burden is shared among nations. We shed light on these questions, both from a theoretical perspective and from an empirical analysis of European data.

Item Type: Monograph (Working Paper)
Language: English
Date: November 2022
Place of Publication: Toulouse
Uncontrolled Keywords: Vouchers, pull mechanisms, burden sharing, administered drug prices, prizes
JEL Classification: I18 - Government Policy; Regulation; Public Health
L5 - Regulation and Industrial Policy
O3 - Technological Change; Research and Development
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 15 Nov 2022 14:09
Last Modified: 19 Jan 2023 11:19
OAI Identifier: oai:tse-fr.eu:127464
URI: https://publications.ut-capitole.fr/id/eprint/46401
View Item


Downloads per month over past year