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Citation:
Srinivas, Smita. Forthcoming. "Industrial Development and Innovation: Some Lessons from Vaccine Procurement." World Development.
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 analysed and an industrial evolution schematic is developed. However, although the findings suggest that some fine-tuning can improve the demand-side for technological innovation, much more may be needed to link such industrial gains with domestic health policies if the goal is broader social impact.
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