Economics of Innovation

Optimal innovation balances willingness and ability to pay with the benefits of future R&D. Our wide-ranging programme aims to promote innovation in health care, increase our understanding of its value, and encourage R&D. New models of innovation should streamline development, reduce costs, and speed patient benefit.

Science, industry and the state cover page
Publication

Science, Industry in the State

7 January 1965

Based on a series of six lectures discussing some of the special considerations which arise when a science based industry has the government as a major…

The finance of medical research cover page
Publication

Finance of Medical Research

7 January 1964

The explosive progress of medical science during the past twenty-five years has brought about a revolution in the health of the community and in the problems…