COVID-19

Global Innovation Index 2022 – What is the future of innovation- driven growth?

WIPO has released the 2022 Global Innovation Index with Switzerland once again placing first, for a 12th year in a row. The United States has climbed to take second position and the United Kingdom has stayed in fourth, the same as in 2021. Even though there was an expectation for a decrease in R&D after the COVID-19 pandemic, this has not been the case for many of the large corporate companies, with there being an almost 10% increase in R&D in 2021, reaching a figure of over $900 billion in 2021. Some countries increased their R&D budget spending for 2021, such as Germany, while other such as Japan and the United States didn’t. Intellectual Property filling also continued to increase in 2021 with a rise of 15%. Data was also found that 26 countries are outperforming their development with innovation, including countries such as India and Indonesia.

The Global Innovation Index predicts two new innovation waves to come, contradicting those who believe innovation driven growth is going to stay at a low. The Digital Age innovation wave and the Deep Science innovation wave are predicted to be the next two biggest breakthroughs in innovation, but it is well accepted that these will take time. The Digital Age innovation wave would focus on automation and artificial intelligence, while the Deep Science innovation wave is thought to look at bio- and nanotechnologies which would revolutionise science.

Click here to read the full report.

 

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Building Greater Resilience in Vaccine Manufacturing – McKinsey & Company

Preparing for the next pandemic is a priority for many national public-health leaders and requires them to lay the groundwork to mount an effective vaccine response.

Decision makers could set the stage for vaccine resilience by defining what their countries and regions need; assessing the local capacity to scale production of vaccine doses; identifying gaps and weaknesses in their national and regional vaccine value chains.

Read the full article here.

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WTO Updates Joint Indicative List of Critical COVID-19 Vaccine Inputs

The WTO Secretariat has updated the joint indicative list compiling information on critical inputs for the manufacturing, distributing and administering of COVID-19 vaccines. The revised version incorporates feedback from industry and includes information on new critical inputs that have been identified.

The “Joint Indicative List of Critical COVID-19 Vaccine Inputs for Consultation” can be found here.

 

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Slideshow: Innovation and the COVID-19 Response

On 26 November 2021 the new research report about the role that intellectual property played in the development, manufacturing, and global distribution of COVID-19 vaccines and therapeutics was launched in Geneva. The report was co-authored by Innovation Council’s very own Jennifer Brant, and Prof. Mark Schultz.

The report is available here, along with a slideshow of the research project.

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Unprecedented – The Rapid Innovation Response to COVID-19 and the Role of Intellectual Property

Jennifer Brant, Director of Innovation Council, will present a recent research report that she co-authored about the constructive role played by IP rights in the rapid development and manufacturing of COVID-19 solutions. Jetane Charsley, Head of NIPMO, will host the event and lead a moderated discussion.

Tuesday, May 10 / 01:00 PM Johannesburg (CET)

Click here to register for this event.

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UNCTAD’s Global Trade Update

UNCTAD’s Global Trade Update was published on 17 February 2022. It shows that in 2021 global trade growth remained strong, as its value continued to increase through each quarter of 2021. Trade growth was not only limited to goods, as trades in services also grew substantially through 2021, to finally reach pre-pandemic levels during Q4 2021.

Read the full report.

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A Covid vaccine breakthrough bypasses the stale debate on patent waivers 

Heated debates have taken place at the WTO TRIPS Council over Covid-19 vaccine patents and IP rights, with ongoing discussions still taking place among diplomats from the US, India, South Africa, and the EU. For vaccine researchers, manufacturers, and public experts, though, the focus may have moved on some time ago, says Alan Beattie in a new “trade secrets” posting for the FT. Governments seem also to be shifting focus to emphasize practical efforts to extend  manufacturing and distribution capacity globally; by way of example, the EU recently announced a €1bn contribution to finance the German company BioNTech to set up a mobile vaccine manufacturing plant in Africa assembled from kits.

Read the full story. 

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Slideshow: Extending Bio-manufacturing Networks in Africa and IP and Covid

This slideshow presents key messages from the recent Innovation Council – Bobab online discussion about extending bio-manufacturing networks in emerging regions, notably Africa. The discussion on February 8th featured Prof. Mark Schultz of the University of Akron School of Law, Anissa Boumlic of Merck Life Science, and Simon Agwale of the African Vaccine Manufacturing Initiative. Click here for the video of the event, and click here to review a transcript of the event.

Read the full story.

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Center for Global Development series on the EU-Africa Summit

On February 17th, the long-awaited summit between the African Union (AU) and the European Union (EU), delayed since 2020, finally began. But in the time since the first event was scheduled, the world was ravaged by a pandemic that is estimated to have stalled a decade of continuous growth and human capital improvement on the African continent.

The Center for Global Development prepared an excellent series on the EU-Africa Summit consisting of mini reports by CGD experts about the various joint priorities set out by the AU and the EU. The series offers compelling analysis and commentary on the actions needed in order for a meaningful reconstruction of the relationship between the two continents to materialize. 

Find the series here.

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