Industrial policy against pandemics | Zendy

Reda Cherif | Zendy; Fuad Hasanov | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Industrial policy against pandemics

Author(s) -

Reda Cherif,

Fuad Hasanov

Publication year - 2021

Publication title -

industrial and corporate change

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.511

H-Index - 110

eISSN - 1464-3650

pISSN - 0960-6491

DOI - 10.1093/icc/dtab042

Subject(s) - pandemic , covid-19 , business , supply chain , production (economics) , industrial organization , coronavirus , lift (data mining) , scale (ratio) , risk analysis (engineering) , economics , computer science , infectious disease (medical specialty) , marketing , microeconomics , disease , medicine , physics , pathology , quantum mechanics , data mining

The coronavirus disease 2019 (COVID-19) pandemic illustrated the inability of the market to meet the needed production scale and speed of essential medical products. The state should adopt a risk-based approach, allowing for experimentation with various technological solutions such as vaccines and tests, while ramping up their production. The intervention should resolve uncertainty, combine resources, coordinate technological choices, lift barriers to entry, ensure knowledge sharing, and support the value chain. The cost of this strategy is dwarfed by the economic fallout of a pandemic. Universal testing, an overlooked solution, is a key component of an infrastructure against future pandemics.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research