Query > English > latest
Calculating private and social returns to COVID-19 vaccine innovation
Economic Research Working Paper No. 68
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic's epidemiological path as well as the economic costs of containment measures. The calculations reveal high returns to innovation. In the baseline scenario, the social benefit of vaccine innovation amounts to 70.5 trillion United States (U.S.) dollars globally, exceeding its private benefit by a factor of 887. The calculations bear on the private and public incentives to invest in vaccine innovation.
Publication year: 2022
World Intellectual Property Report 2022: The Direction of Innovation
What is the direction of innovation? As the world looks to rebuild from the pandemic, innovation has a crucial role to play in opening up new growth possibilities and creating much needed solutions to the common challenges we face. Decisions on innovation may be complex, but, as this report highlights, it is vital that they are understood.
Patent Landscape Report - Hydrogen fuel cells in transportation
Over the next decade, transforming the transportation sector to put it on a Net Zero pathway will require a combination of technological innovation, government and corporate decision-making, and adapted customer behavior. Reducing greenhouse gas emissions by transportation, a sector responsible for almost 24 percent of direct carbon dioxide emissions from fuel combustion is crucial. This WIPO Patent Landscape Report provides early observations on patenting activity together with complementary information from online news, press releases and corporate financial reporting in the field of hydrogen fuel cells in transportation.
WIPO Magazine, Issue 1/2022 (March)
The WIPO Magazine explores intellectual property, creativity and innovation in action across the world.
Madrid Yearly Review 2022
International Registration of Marks
Comprehensive facts, figures and analysis of the international registration of marks.
Hague Yearly Review 2022
International Registration of Industrial Designs
Comprehensive facts, figures and analysis of the international registration of industrial designs.
Guide to the Madrid System International Registration of Marks under the Madrid Protocol
This Guide is primarily intended for applicants for, and holders of, international registrations of marks, as well as officials of the competent administrations of the members of the Madrid Union. It covers the various steps of the international registration procedure and explains the essential provisions of the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks and the Regulations under the Protocol.
Global Innovation Hotspots: A case study of São Paulo's innovation ecosystem local capabilities and global networks
WIPO Development Studies
This report presents an in-depth study of the innovation ecosystem of São Paulo (Brazil). We use georeferenced patent, scientific publication, and economic data to characterize one of the few global innovation hotspots in Latin America and the southern hemisphere. It attempts to understand what makes São Paulo different from the rest of Brazil and the Latin American region by mapping what its main potentialities and drawbacks are. The report finds that São Paulo is rich in scientific activity, but lags behind with respect to patent production. At the same time, it is a patent leader in Brazil and the region with characteristics resembling the large innovation hotspots of the world. The report also shows where São Paulo is in the global knowledge space, and how it can leverage scientific production and global networks to upgrade into more complex technological activities. The report also reviews the main innovation policies at national and subnational level, which may partially explain the São Paulo's success story.
Global Innovation Hotspots: Innovation ecosystems and catching-up in developing countries: Evidence from Shenzhen
During the past 40 years, Shenzhen has risen from a fishing village into a globally leading innovation hotspot. What drives such remarkable growth? Is there a “Shenzhen model” for technological catch-up that is different from the classical “Silicon Valley model”? What kind of policy lessons can Shenzhen offer to developing countries and lag-behind regions? Based on international patent and scientific publication data, this report classifies Shenzhen's technological trajectory and catch-up process into three stages: 1) accessing advanced technology by participating in the Global Production Networks (GPNs) and Global Value Chains (GVCs), 2) accumulating technological knowledge and enhancing absorptive capability through imitation and 3) achieving indigenous innovation. We interpret this remarkable catch-up process from the perspective of 1) technological specialization, 2) the local innovation ecosystem and 3) its embeddedness into the Global Innovation Networks (GINs). The last part summarizes Shenzhen's policy lessons in fostering innovation-based economic growth in developing countries and areas.
Global Innovation Hotspots: Singapore's innovation and entrepreneurship ecosystem
Since its political independence in 1965, Singapore has achieved rapid economic growth and transformed itself into a major global financial, business and transport/information technology (IT) hub, with GDP per capita ranking among the highest in the world since the beginning of this decade. While the first three decades of Singapore's rapid economic growth have been based largely on a strategy to attract and leverage global multinational corporations (MNCs) to create increasingly higher value-adding economic activities, the last 25 years have witnessed an increasing shift toward promoting technological innovation and entrepreneurship, and the building of a vibrant innovation and entrepreneurship ecosystem that supports several major clusters of innovation, including medtech, smart urban mobility/infrastructure and internet/mobile e-commerce. More recently, the city-state has also been seeking to accelerate the commercialization of a wider range of deep technologies from universities and public research labs, including artificial intelligence (AI), advanced materials and fintech.