Innovation Inducement Prizes

The baffling WHO EWG analysis of innovation inducement prizes

The World Health Organization (WHO) Executive Board will soon consider the Executive Summary of the Report of the Expert Working Group on Research and Development Financing, a document, formally identified as EB 126/6 Add.1.

In the section of the report on "Funding allocation proposals," the EWG considers two types of innovation inducement prizes, including

31 (c) milestone prizes; and
31 (d) end-prizes (cash)

S. 2210, 110th Congress, Medical Innovation Prize Act of 2007

110th CONGRESS, 1st Session

S. 2210

To provide incentives for investment in research and development for new medicines, to enhance access to new medicines, and for other purposes.

IN THE SENATE OF THE UNITED STATES

October 19, 2007

Mr. SANDERS introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions


A BILL

John Edwards calls for prizes to replace monopolies as innovation incentive for new drugs

Written by James Love
Friday, 15 June 2007

John Edwards, a leading candidate for the democratic nomination for president of the United States, has issued a statement endorsing prizes as an "alternative to patent monopolies" for new drugs and other inventions.  This was from the Edwards campaign press release:

Edwards Details Cost-Savings Measures In Universal Health Care Plan, Jun 14, 2007

The Big Idea: Prizes to Stimulate R&D for New Medicines

Chicago-Kent Law Review
Volume 82, Number 3 
2007

Previously KEI  Research Paper 2007:1, Revised 26 March 2007. Originally the Ruby Hutchison
Memorial Address, Presented November 14, 2006

James Love, Knowledge Ecology International

Tim Hubbard, Wellcome Trust Sanger Institute


The paper is available in PDF format here: http://lawreview.kentlaw.edu/articles/82-3/Love

News reports and blogs on innovation prizes

Return to KEI page on prizes to stimulate innovation

A separate page on academic and other technical papers and comments on prizes is available here:


News Reports and Blogs on Innovation Prizes

    General articles on prizes 

Scholarly and Technical Articles and Books on Innovation Prizes

An Annotated Bibliography of Scholarly and Technical Articles and Books on Innovation Prizes
KEI Research Note 2008:2
Updated January 17, 2008
 

2008 March 26. James Love. "Prizes, not prices, to stimulate antibiotic R&D." SciDev.net 

Prominent Innovation Prizes And Reward Programs

PROMINENT INNOVATION PRIZES AND REWARD PROGRAMS

KEI Research Note 2007:1 

Benjamin Krohmal*

March 1, 2007

Surveys of Prizes for Innovation

Wednesday, 13 June 2007

March 7, 2008.  Selected Innovation Prizes and Reward Programs, KEI Research Note 2008:1 

March 1, 2007. Benjamin Krohmal. Prominent Innovation Prizes and Reward Programs, KEI Research Note 2007:1.  (The more recent and greatly expanded version of this is  KEI Research Note 2008:1).

KEI issues report on Selected Innovation Prizes and Reward Programs

Written by James Love
Thursday, 20 March 2008


On March 20, 2008, KEI published "Selected Innovation Prizes and Reward Programs" (cite as KEI Research Note 2008:1).  The paper, which is available on the Internet here: http://www.keionline.org/misc-docs/research_notes/kei_rn_2008_1.pdf, provides the most comprehensive account of historical uses of prizes to induce innovation now available.  The introduction to the 51 page report follows:

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