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Why should we target a giving incentive at the people who need it the least?
Tachi Yamada of the Gates Foundation is a big believer in giving incentive prizes, but gives warning that it can take 15 years or more to bring a new drug to market, and that even AMC's carrot of $1.5 billion for new vaccines may not be a big enough incentive.
They could start construction of high speed rail in the north, thus creating the benefit of much needed rail inter-connectivity in these regions to begin with, and giving incentive to connect it to the south.
The US space agency "seeded" development of Antares - and the supply ship it launches, Cygnus - by giving incentive payments to manufacturer Orbital Sciences Corporation, to help them develop a low-cost, commercial follow-on to fill the cargo gap left by the retired space shuttles.
Removing the preferential tax treatment of debt relative to equity, and even giving incentive for better capitalization would make for a healthier system.
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"Can you imagine giving incentives to staff for selling loans?" he said.
That means encouraging basic climate and energy research, and giving incentives for spreading the results.
Giving incentives to families to continue to work is a moral, social and economic mandate.
Europe has also lagged in giving incentives for the development of fuel cells.
"We're giving incentives for people to be at work," he said.
But I also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com