Business law uses the concept of exclusivity as a tool for stimulating technical innovation. However, exclusive rights of use are controversial as they may be incompatible with other desirable goals. The current COVID-19 crisis has raised concerns that exclusive rights could impede access to essential innovations. This has triggered debates on compulsory licenses as a means of boosting vaccine production all over the world. The participants in the round table will discuss the following questions from the perspective of law and economics:
- Does the current legal framework offer sufficient incentives for innovation in the life sciences?
- Are alterations in the present legal position on exclusive rights necessary?
- Might open innovation models offer a more effective alternative approach?
A round table discussion led by Dr. Martin Stierle (CAS Junior Researcher in Residence/LMU).
The event will be conducted in German. For further information, see the CAS website.
The Center for Advanced Studies at LMU provides a forum for scientific exchange and discussion that bridges the divide between the established disciplines. Its activities are designed to promote all forms of collaborative research and to stimulate interdisciplinary communication within the University. In addition, it facilitates the integration of visiting scholars and scientists into the academic life of the University.