What Drives Innovation? : Lessons from COVID-19 R and D /
To examine the drivers of innovation, this paper studies the global R and D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R and D activity-measured by clinical trials-typically follows the 'law of diminishing effort': id est the elasti...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2021.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2021/048 |
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| Online adgang: | Full text available on IMF |