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.
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…