How To Fund The Search For A COVID-19 Vaccine And Boost The Recovery
Apr 30, 2020
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Bill Janeway, an economist and venture capitalist at Warburg Pincus, shares his expertise on government’s role in funding innovation during crises. He discusses how timely governmental support can accelerate COVID-19 vaccine development, drawing historical parallels to wartime efforts. Janeway critiques the fragmented U.S. response and emphasizes the need for better coordination and ethical considerations in distribution. He outlines strategies for economic recovery, comparing U.S. and German responses, and highlights governors' crucial role in fostering trust and stability.
The hunt is on for a clinical therapy to prevent or treat COVID-19. But what’s the best way to go about this? How can governments accelerate this process? And what can governments do now to help a robust economic recovery? On this week’s Odd Lots, we speak with Bill Janeway, an economist and venture capitalist, who has written extensively on how the government can accelerate innovation by the private sector. He explains how his thoughts translate into the medical space and the post-crisis economy overall.