Innovation in the Pandemic Age
Lockdowns cannot last forever, and COVID-19 is unlikely to disappear on its own. The world must leverage its collective resources to harness the power of science, innovation, and markets to devise a more sustainable solution – namely, a cure or a vaccine.
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BEIJING – The COVID-19 coronavirus poses a threat on a scale not seen since the so-called Spanish flu killed more than 50 million people in 1918-19. To confront the pandemic, many governments have imposed stay-at-home orders and even strict lockdowns, bringing the global economy nearly to a standstill. But the real solution to this crisis is not containment. It is innovation.