Innovating for the Safety Net: Sources of Funding Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Innovating for the Safety Net: Sources of Funding Case Solution

In the present health care environment, there is a considerable requirement for brand-new medical innovations that guarantee to broaden access to essential diagnostics, treatments, and specialized services by lowering expenses, without compromising quality relative to dominating requirements of care. These innovations have high "social worth" because of their prospective to change the manner in which care is provided to typically underserved people who do not have access to healthcare. Nevertheless, they might not always create the high monetary returns that financiers who normally money the advancement and commercialization of brand-new innovations anticipate. This note takes a look at the funding environment for brand-new medical innovations-- particularly, it checks out standard funding systems and the barriers that industrial financial investment requirements produce for medtech developments with high social worth however fairly "low" possible gains in an affordable financial investment timeframe. It then purports alternative services that might assist innovators protected funding for crucial innovations that low-resource environments.

This is just an excerpt. This case is about Business