About
Accelerating Innovation
Threats to the global community — such as climate change and pandemics — demand urgent innovation and action at scale. But when commercial incentives for innovation trail behind the social value, market shaping instruments can credibly signal demand and spur and scale up innovation.
The Market Shaping Accelerator harnesses the momentum and interest in these tools generated from global successes in vaccine development to accelerate their adoption by governments, multilateral institutions, and philanthropies to solve the world’s most pressing challenges.
About
Accelerating Innovation
Threats to the global community — such as climate change and pandemics — demand urgent innovation and action at scale. But when commercial incentives for innovation trail behind the social value, market shaping instruments can credibly signal demand and spur and scale up innovation.
The Market Shaping Accelerator harnesses the momentum and interest in these tools generated from global successes in vaccine development to accelerate their adoption by governments, multilateral institutions, and philanthropies to solve the world’s most pressing challenges.
Our Team
Nobel Laureates, Leading Scholars and Innovators Advance the Use of Market Shaping Instruments to Address Global Challenges
The Market Shaping Accelerator (MSA) brings together the world’s leading experts on how incentives can drive innovation for social good. The team behind the Accelerator has contributed to both foundational research and major policy successes in market shaping, including the Pneumococcal Advance Market Commitment (AMC) and Frontier, led by Stripe Climate.
Building on this experience, MSA unites three leading institutions — the Center for Global Development, Dartmouth College, and the University of Chicago — to bridge the gap between ideas and impact. By combining cutting-edge economic research with practical policy engagement, MSA designs and advances “pull” mechanisms to accelerate solutions to urgent global challenges.
Directors
University Professor in Economics, University of Chicago;
2019 Nobel Prize Recipient
Joel Z. and Susan Hyatt Professor in Economics, Dartmouth College
Team
Advisors
Susan Athey
Stanford University
Christopher Norio Avery
Harvard University
Cath Bremner
Impax Asset Management
Michael Greenstone
University of Chicago
Tom Kalil
Renaissance Philanthropy
Matthew Kotchen
Yale University
Steve Levitt
University of Chicago
David McAdams
Duke University
Nan Ransohoff
Frontier
Jean Tirole
Toulouse School of Economics; 2014 Nobel Prize Recipient
Heidi Williams
Dartmouth College
Catherine Wolfram
Massachusetts Institute of Technology
Partners
OUR WORK
We design pull incentives that encourage firms to develop solutions where innovation is urgently needed but commercial profits fall short.
Pull incentives help create clear, credible rewards for developing and scaling successful solutions. Prizes and advance market commitments—a promise to purchase or subsidize purchases of a new innovation—are examples of pull incentives. We are currently designing several pull incentives to accelerate innovations that can promote newborn survival, find new uses for existing medicines, and reduce greenhouse gases.
Saving newborn lives
We are creating an AMC to incentivize the development of affordable, accurate rapid diagnostic tests for neonatal sepsis.
Enteric methane reduction
We are developing a mechanism to incentivize private firms to invest in developing vaccines that reduce enteric methane.
Repurposing generic drugs
We are designing pull funding mechanisms to incentivize firms to discover new ways to repurpose generic drugs.
Latest News
Opportunities
Join the Accelerator
We are also interested in people with domain expertise in climate change and pandemic preparedness as well as the economics of innovation, industrial organization and costing/pricing. If you are interested in offering your expertise, please reach out: marketshapingaccelerator@cgdev.org.
