Matt Clancy on innovation, progress studies and remote work.
Ben Yeoh Chats
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Is There a Mix Between Public Versus Private Corporation Incentive Prizes or Tax Breaks?
I think there is a consensus among lots of people says that we just need to try a lot more things in a way that we measure and one we measure the outcomes. If you're trying to solve a specific problem in the short term whether that's winning a war against the Germans or defeating the coronavirus then I think you like high powered incentives, specialization and coordinating research works pretty well. You can also use advanced purchase commitments work pretty well profit motive is going to mobilize resources that people think are likely to solve the problem pretty well. The key is that it has a big effect on third stage clinical trials or getting a generic drug run through its safety protocols as you go further down the chain
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