Industrial Development and Innovation: Some Lessons from Vaccine Procurement

23 Pages Posted: 5 Mar 2008

See all articles by Smita Srinivas

Smita Srinivas

Technological Change Lab, Columbia University

Abstract

This paper suggests that demand instruments of international vaccine procurement, instead of being seen primarily as a global management instrument, can usefully induce industrial change and technological innovation through improved technical standards and regulations. The example of Indian vaccines is analyzed, and an industrial evolution schematic is investigated. The findings suggest that some fine tuning can improve the demand side for technological innovation. However, tensions between industrial and health policies and their separate evolutions are also visible, and more is needed to link industrial and technological gains with domestic health needs, if the goal is broader social impact.

Keywords: local needs, industrial development, innovation, standards and regulations, vaccines

JEL Classification: O19, O31, O32, H41, H42, H57

Suggested Citation

Srinivas, Smita, Industrial Development and Innovation: Some Lessons from Vaccine Procurement. World Development, Vol. 34, No. 10, 2006, Available at SSRN: https://ssrn.com/abstract=1099496

Smita Srinivas (Contact Author)

Technological Change Lab, Columbia University ( email )

400 Avery, 1172 Amsterdam Avenue, MC 340
New York,, NY 10027
United States

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