A calculator for sizing innovation prizes

Innovation Policy

by Jordan Dworkin · about work by Market Shaping Accelerator

Market shaping. So hot right now. But for funders used to the simplicity of push funding, it can be difficult to figure out how to appropriately size a pull mechanism such that it sufficiently incentivizes innovation without wasting resources. Thankfully the Market Shaping Accelerator team put out a new guide for sizing prizes and advance market commitments based on expected R&D costs and probabilities of success. The guide also includes an interactive calculator where you can plug in plausible values in your context and get an estimated incentive size in return.