OHE Innovation Policy Prize
OHE’s charitable commitment to driving innovation, promoting positive change, and supporting original thought.
The Office of Health Economics launched the OHE Innovation Policy Prize in 2022; a biennial prize fund to promote thought leadership and solution–based theories around the big questions affecting the future of our industry.
About the Innovation Policy Prize
The economics of innovation has always been a leading research theme at OHE, and we are proud to have made significant contributions to the development of theory, evidence, and practice in this area. All of which, dating back to 1962, is available on our website for public benefit. For example, The Many Faces of Innovation, Legal Barriers to the Better Use of Health Data to Deliver Pharmaceutical Innovation and The Lower Drug Costs Now Act and Pharmaceutical Innovation.
We are delighted to launch a new £40,000 biennial prize fund to mark our 60th anniversary.
Our successes in driving this area forward are founded in our dedication to originality, quality, and excellence – attributes which we are committed to championing outside of OHE to further galvanise positive change. Each prize year we are offering a £40,000 award to the author(s) of the solution which best embodies these, as well as an invitation to present their solution at a dedicated event (expenses paid).
Why do we do it?
Our hope is that the OHE Prize not only motivates wider thinking into global solutions for the big health economic policy challenges, but also to promote the sharing of perspectives across disciplines and countries. But above all else, our main purpose is to ignite discussion. The prize fund is open to entries from all professions* and levels of expertise and is free to enter.
How does it work?
Each prize year OHE sets a single economic question and invites entries which outline a truly innovative economic solution to the problem. There are two rounds in the competition – a 2,500–word entry followed by a 10,000–word entry if shortlisted by the judges. The judges vary each prize year and are specially selected for their expertise in that year’s subject matter.
The judges are scoring entries on:
- Originality of idea
- Empirical/theoretical foundations
- Global feasibility/implementation
- Potential impact
- Clarity of explanation
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