Baten, Joerg; Bianchi, Nicola; Moser, Petra - 2016
to mitigate the potential welfare losses from enforcing foreign-owned patents, many developing countries use this policy … to improve access to drugs that are covered by foreign-owned patents. The effects of compulsory licensing on access to … new drugs, however, are theoretically ambiguous: Compulsory licensing may encourage innovation by increasing competition …