Veblen on the Crossroad: Global Pharmaceuticals and Financialization of Vaccine Production in the Pandemic Period
[ X ]
Tarih
2024
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Routledge Journals, Taylor & Francis Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
In the present study, I explore the link between COVID-19 vaccine patents and their financialization within the institutional economics framework. Thorstein Veblen's main assumptions related to financialization of intangible assets are valid for the pharmaceutical firms that produced COVID-19 vaccines during the pandemic. In this context, the effects of patent applications on the financialization of pharmaceutical firms are investigated for companies that took government grants for vaccine production. These firms are examined in a comparative way in the present study. The market figures, the investigation of the relevant firm-level data, and the institutional setting suggest that the COVID-19 vaccine patents-financialization nexus is well defined in the Veblenian framework during the pandemic.
Açıklama
Anahtar Kelimeler
intangible assets, financialization, pharmaceutical firms, COVID-19 pandemic, Institutional economics, B5, L25, O34
Kaynak
Journal of Economic Issues
WoS Q Değeri
N/A
Scopus Q Değeri
Q3
Cilt
58
Sayı
3
