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UCL Institute for Innovation and Public Purpose

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Health innovation

UCL Institute for Innovation and Public Purpose (IIPP) researches and influences the ways health innovation can be more mission-oriented to realise major advances in areas of unmet health needs, as well as accessibility for patients and populations.

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To value health as a human right and prevent crises like COVID-19, we need an economic shift. This involves viewing health financing as an investment, aligning investment, innovation, and growth with the aim of promoting human and planetary health.

This has been the focus of the WHO Council on the Economics of Health for All.The Council was established in 2020 byDr Tedros Adhanom Ghebreyesus (Director-General, WHO) to provide new economic thinking –reassessing how health and wellbeing are valued, produced and distributed across the economy. The Council was chaired by, Professor in the Economics of Innovation and Public Valueand Founding Director of the UCLInstitute for Innovation & Public Purpose,and composed of an all-female group of 10 distinguished economistsand area experts.

The Council has focused onreimagining how to put “Health for All” at the heartof government decision-making and privatesector collaboration at regional, national andinternational levels.Watch theshort video to learn more about the recommendations in its final report,,on what is needed to reorient the economy around the goal of “Health for All.”

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IIPP’s applies a market co-creating and shaping framework to set out alternative policy approaches to redefine health innovation and create symbiotic innovation ecosystems, which is firmly rooted in the concept of public value and the common good. IIPP’s work in health, exemplified by the flagship report “The People's Prescription: Re-imagining Health Innovation to Deliver Public Value”, has generated policy impact both at high level policy discussions across the world.

Policy engagement highlights

Engagements with the World Health Organization (WHO)
  • On 6 September 2020, The United State on the critical role of the public sector in innovation in health and beyond.
  • On 14 May 2020, IIPP Director Mariana Mazzucato joinedmore than 140 world leaders and experts, including the President of South Africa and Chair of the African Union, Cyril Ramaphosa, the Prime Minister of Pakistan, Imran Khan, the President of the Republic of Senegal, Macky Sall and the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo in calling for a against Covid-19.
  • On 1st September 2019, IIPP’s health innovation report, ‘The people’s prescription: Re-imagining health innovation to deliver public value’, inspiredthe Labour Party’s 2019 pharmaceutical policy document, ‘’.
  • On 18 December 2018, IIPP Director Mariana Mazzucato supportedthe Affordable Drug Manufacturing Act introduced by US Senator Elizabeth Warren and Representative Jan Schakowsky to .

Publication highlights

Publications
Watch the launch of the WHO Report on the Economics of Health for All on 23 May 2023

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Research project

Health_Innovation_Research_Theme
Rethinking the economics of medical innovation

Funded by the Open Society Foundations

Learn more

Learn more about health innovation research at IIPP.


Thought leadership

Op-eds
Written by Mariana Mazzucato
  • (Project Syndicate)
  • (Project Syndicate)
  • (Project Syndicate)
  • (Project Syndicate)
  • (The Economist)
  • (The Guardian)
  • (Newsweek)
  • (Project Syndicate/Social Europe)
  • (Project Syndicate)
  • (Financial Times)
  • (Project Syndicate/WEF; featured as one idea among the top 5 ideas of the day in the newsletter of the )
  • (Project Syndicate/WEF)
  • (The New York Times)
  • (Project Syndicate)
  • (The Guardian)
  • (Project Syndicate)
  • (The Washington Post)
  • (The Times)
Written by IIPPacademic staff and collaborators
Media highlights
  • (World Health Organization website)
  • (and on the Council on the Economics of Health for All staring from 9:00)
  • (The Washington Post)
  • (CNN)
  • (BBC World News)
  • (CoronaNomics)

IIPP news stories

News stories
Blogs
  • by Henry Lishi Li

Funder

Open Society Foundation

Contact

For more information on our work in health innovation policy, please utilise the email address tocontact usbelow:
Email:iipp-dircos@ucl.ac.uk