Solving Market Failures & Creating Industries
Tackling the greatest national challenges facing the United States requires a redoubled commitment to innovation. The United States put astronauts on the moon, split the atom, built the Internet, and sequenced the human genome. But progress has stagnated — and will continue to stagnate if we do not diversify our national approach to innovation. We must not only make investments in emerging technologies, but also experiment with new ways of solving problems.
Learn more about our work to help innovate government procurement below
Market-shaping mechanisms (MSMs), also known as “demand pull” mechanisms, are excellent tools for catalyzing solutions-oriented innovation.
Read our MSMs primer to learn more and see several examples and forward-looking use-cases to create a “marketplace of outcomes”.
Looking for knowledgable, creative procurement talent? Want to learn more about flexible hiring mechanisms?
FAS’ Day One Talent Hub works to identify, match, and deploy technical talent into federal agencies to tackle pressing priorities.
Our roundtable of climate and procurement experts discussed the underutilized role of the federal government as a strategic buyer to overcome market failures in scaling innovative solutions to climate change. Speakers included: Initial Perspectives The session began with remarks from Thomas Kalil (Schmidt Futures), who provided an introduction into procurement levers, or “demand-pull” mechanisms. The session then […]