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