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What Drives Innovation? Lessons from COVID-19 R&D

2021-02-19 Business & Economics
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Release : 2021-02-19
Genre : Business & Economics
Kind : eBook
Book Rating : 064/5 ( reviews)

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Book Synopsis What Drives Innovation? Lessons from COVID-19 R&D by : Ruchir Agarwal

Download or read book What Drives Innovation? Lessons from COVID-19 R&D written by Ruchir Agarwal. This book was released on 2021-02-19. Available in PDF, EPUB and Kindle. Book excerpt: To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R&D activity—measured by clinical trials—typically follows the ‘law of diminishing effort’: i.e. the elasticity of R&D effort with respect to market size is about 1⁄2 in the cross-section of diseases; (2) the R&D response to COVID-19 has been a major exception to this law, with the number of COVID-19 trials being 7 to 20 times greater than that implied by its market size; (3) the aggregate short-term elasticity of science and innovation can be very large, as demonstrated by aggregate flow of clinical trials increasing by 38% in 2020, with limited crowding out of trials for non-COVID diseases; and (4) public institutions and government-led incentives were a key driver of the COVID-19 R&D effort—with public research institutions accounting for 70 percent of all COVID-19 clinical trials globally and being 10 percentage points more likely to conduct a COVID-19 trial relative to private firms. Overall, while economists are naturally in favor of market size as a driving force for innovation (i.e.“if the market size is sufficiently large then innovation will happen”), our work suggests that scaling up global innovation may require a broader perspective on the drivers of innovation—including early-stage incentives, non-monetary incentives, and public institutions.

Digital Responses to Covid-19

2021-03-10 Business & Economics
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Release : 2021-03-10
Genre : Business & Economics
Kind : eBook
Book Rating : 115/5 ( reviews)

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Book Synopsis Digital Responses to Covid-19 by : Christian Hovestadt

Download or read book Digital Responses to Covid-19 written by Christian Hovestadt. This book was released on 2021-03-10. Available in PDF, EPUB and Kindle. Book excerpt: This book presents ten essays that examine the potential of digital responses to the COVID-19 pandemic. The essays explore new digital concepts for learning and teaching, provide an overview of organizational responses to the crisis through digital technologies, and examine digital solutions developed to manage the crisis. Scientists from many disciplines work together in the fight against the virus and its numerous consequences. This book explores how information systems researchers can contribute to these global efforts. The book will be of interest to researchers and scholars in the field of digital business and education.

Leading Through a Pandemic

2020-08-25 Health & Fitness
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Release : 2020-08-25
Genre : Health & Fitness
Kind : eBook
Book Rating : 856/5 ( reviews)

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Book Synopsis Leading Through a Pandemic by : Michael J. Dowling

Download or read book Leading Through a Pandemic written by Michael J. Dowling. This book was released on 2020-08-25. Available in PDF, EPUB and Kindle. Book excerpt: "A clarifying must-read in these uncertain times.” —GOVERNOR ANDREW CUOMO Journey behind the front lines of the coronavirus pandemic with Northwell Health, New York’s largest health system. What was it like at the epicenter, inside the health system that cared for more COVID-19 patients than any other in the United States? Leading Through a Pandemic: The Inside Story of Lessons Learned about Innovation, Leadership, and Humanity During the COVID-19Crisis takes readers inside Northwell Health, New York’s largest health system. From the C-suite to the front lines, the book reports on groundwork that positioned Northwell as uniquely prepared for the pandemic. Two decades ago, Northwell leaders began preparing for disasters—floods, hurricanes, blackouts, viruses, and more based on the belief that "bad things will happen and we have to be ready." Following a course highly unusual for an American health system, Northwell developed one of the most advanced non-government emergency response systems in the country. Northwell reached a point where leaders could confidently say "we are comfortable being uncomfortable in a crisis." But even with sustained preparation, the pandemic stands as a singularly humbling experience. Leading Through a Pandemic offers guidance on how hospitals and health systems throughout the country can prepare more effectively for the next viral threat. The book includes dramatic stories from the front lines at the peak of the viral assault and lessons of what went well, and what did not. The authors draw upon the Northwell experience to prescribe changes in the health care system for next time. Beyond the obvious need for increased stockpiles of supplies and equipment is the far more challenging task of fundamentally changing the culture of American health care to embrace a more robust emergency response capability in hospitals and systems of all sizes across the nation. The book is a must read for health care professionals, policy-makers, journalists, and readers whose curiosity demands a deeper dive into the surreal realm of the coronavirus pandemic.

Lessons from COVID-19

2022-06-18 Medical
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Release : 2022-06-18
Genre : Medical
Kind : eBook
Book Rating : 441/5 ( reviews)

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Book Synopsis Lessons from COVID-19 by : Arturas Kaklauskas

Download or read book Lessons from COVID-19 written by Arturas Kaklauskas. This book was released on 2022-06-18. Available in PDF, EPUB and Kindle. Book excerpt: Lessons from COVID-19: Impact on Healthcare Systems and Technology uncovers the impact that COVID-19 has made on healthcare and technology industries. State-of-the-art case studies, empirical research, and new trends in technology-mediated solution are discussed to help inform and guide readers in understanding the effects that the COVID-19 outbreak has had across healthcare and technology industries. The book discusses challenges to identify vaccines, changes in legislation on clinical trials and re-purposing of licensed drugs, effects on primary healthcare, best practices adopted by different countries to control the pandemic, and different effects on patients within diverse age groups and comorbidities. In addition, the book covers technology-mediated solutions and infrastructures applied, digital transformations, modeling techniques, statistical projections, and the benefits and use of cloud computing and artificial intelligence. This is a valuable resource for healthcare professionals, medical doctors, researchers and graduate students from both biomedical and technological fields who are interested in learning more about the use of new technologies to fight a pandemic. Discusses the effects of COVID-19 on healthcare and technology Presents case studies and state-of-the-art research and technologies to help readers effectively understand the effects of COVID-19 Empowers researchers to work on effective hypothesis to test the disruptions and changes that have occurred as a result of COVID-19 Bridges practical and theoretical gaps in terms of lessons learned during COVID-19 in the healthcare and technology sectors

Digital Innovation for Pandemics

2022-12-01 Computers
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Release : 2022-12-01
Genre : Computers
Kind : eBook
Book Rating : 622/5 ( reviews)

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Book Synopsis Digital Innovation for Pandemics by : Jasleen Kaur

Download or read book Digital Innovation for Pandemics written by Jasleen Kaur. This book was released on 2022-12-01. Available in PDF, EPUB and Kindle. Book excerpt: A pandemic does not only bring health concerns for society but also significantly affects individuals and government and business operations. Recently, COVID-19 has substantially hampered conventional businesses and organizations worldwide. Digital technology can help achieve business continuity and overcome challenges caused by pandemic situations. Digital innovation is the application of digital technology to existing business problems. Ideas such as digital transformation and digitization are closely related to digital innovation. In this pandemic period, many businesses recognize that they need to transform, innovate, and adopt new technologies to stay competitive. However, digital transformation is an inherently complex process, and the time pressure to adopt quickly may result in further complexities for organizations in fostering digital technologies. Digital Innovations for Pandemics: Concepts, Challenges, Constraints, and Opportunities presents the potential of digital responses to the COVID-19 pandemic. It explores new digital concepts for learning and teaching, provides an overview of organizational responses to the crisis through digital technologies, and examines digital solutions developed to manage the crisis. Examining how information systems researchers can contribute to these global efforts, this book seeks to showcase how consumers, citizens, entrepreneurs, organizations, institutions, and governments are leveraging new and emerging digital innovations to disrupt and transform value creation in the pandemic era. It captures the breadth of digital innovations carried out to handle the pandemic and looks at the use of digital technologies to strengthen various processes. The book features the following: Solutions on how digital technologies enable responses to a global crisis An analysis of information systems used during the management of the COVID-19 pandemic New concepts for digital business and innovative content models for different sectors This book is written for advanced undergraduate students, postgraduate students, researchers, and scholars in the field of digital business, education, and healthcare. It includes theoretical chapters and case studies from leading scholars and practitioners on the technology-adoption practices of non-government organizations (NGOs), government, and business.

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