Dubois, PierreIdRef (2025) Pharmaceutical Regulation and Incentives for Innovation in an International Perspective. TSE Working Paper, n. 25-1674, Toulouse

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Abstract

We examine pharmaceutical regulations and incentives for innovation from an international perspective, highlighting the public good nature of healthcare innovation and its cross-border diffusion. We summarize the empirical evidence on how push and pull incentives shape R&D investment, innovation, and global access. We emphasize the role of strategic interdependencies and spillovers, including free-riding in R&D financing, learning-by-doing effects, drug shortages, reference pricing, and parallel trade. We then provide new evidence on the international spillovers of pull incentives on innovation, showing that international cooperation and innovative institutions are necessary to better align national regulations with the global objective of sustaining pharmaceutical innovation.

Item Type: Monograph (Working Paper)
Language: English
Date: October 2025
Place of Publication: Toulouse
Uncontrolled Keywords: Pharmaceutical Regulation, Innovation, R&D, International Spillovers
JEL Classification: I10 - General
I11 - Analysis of Health Care Markets
I18 - Government Policy; Regulation; Public Health
L10 - General
L20 - General
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse Capitole
Site: UT1
Date Deposited: 13 Oct 2025 06:11
Last Modified: 13 Oct 2025 06:39
OAI Identifier: oai:tse-fr.eu:131002
URI: https://publications.ut-capitole.fr/id/eprint/51274
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