Example
- Research
Direct
The US National Science foundation, in partnership with the Bill and Melinda Gates Foundation, launches a program to provide government funding for private firms to conduct research and development (R&D) on diseases affecting developing countries. The program allocates $100 million per year for 5 years to support R&D efforts.
Pros:
- Improved overall health of everyone, even around the globe
Cons:
- Assumption that it will attract qualified researchers
- Inefficiencies and corruption with funding.
Could also link to Subsidy RWE